Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Shorted: Short Interest Up 193.9% in September

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,559,120 shares, an increase of 193.9% from the August 31st total of 530,539 shares. Based on an average daily trading volume, of 7,405,215 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s shares are short sold.

Schwab U.S. REIT ETF Stock Performance

SCHH stock traded down $0.04 on Friday, reaching $22.31. The company’s stock had a trading volume of 11,883,297 shares, compared to its average volume of 7,605,595. The business has a fifty day simple moving average of $23.75 and a two-hundred day simple moving average of $23.35. Schwab U.S. REIT ETF has a 12-month low of $20.63 and a 12-month high of $25.03. The firm has a market cap of $10.65 billion, a PE ratio of 34.50 and a beta of 0.93.

Institutional Investors Weigh In On Schwab U.S. REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dumac Inc. purchased a new position in Schwab U.S. REIT ETF during the fourth quarter valued at $163,918,000. Waverly Advisors LLC increased its position in shares of Schwab U.S. REIT ETF by 2,599.4% during the first quarter. Waverly Advisors LLC now owns 746,140 shares of the company’s stock valued at $16,035,000 after acquiring an additional 718,499 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Schwab U.S. REIT ETF by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,756,832 shares of the company’s stock worth $278,402,000 after buying an additional 712,099 shares during the last quarter. Amicus Financial Advisors LLC purchased a new stake in Schwab U.S. REIT ETF during the 4th quarter valued at $7,243,000. Finally, Manning & Napier Advisors LLC increased its position in Schwab U.S. REIT ETF by 44.4% during the first quarter. Manning & Napier Advisors LLC now owns 709,478 shares of the company’s stock valued at $15,247,000 after acquiring an additional 218,099 shares during the last quarter.

Schwab U.S. REIT ETF Company Profile

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.