Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Update

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a large growth in short interest during the month of August. As of August 15th, there was short interest totaling 1,790,000 shares, a growth of 31.6% from the July 31st total of 1,360,000 shares. Based on an average daily trading volume, of 1,126,700 shares, the short-interest ratio is presently 1.6 days. Based on an average daily trading volume, of 1,126,700 shares, the short-interest ratio is presently 1.6 days.

Schwab Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA SCHE opened at $32.34 on Thursday. Schwab Emerging Markets Equity ETF has a one year low of $24.11 and a one year high of $32.46. The business’s fifty day moving average price is $31.08 and its 200-day moving average price is $29.17. The stock has a market capitalization of $11.03 billion, a PE ratio of 15.58 and a beta of 0.68.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SCHE. US Bancorp DE lifted its position in shares of Schwab Emerging Markets Equity ETF by 311.1% during the 1st quarter. US Bancorp DE now owns 3,653,803 shares of the company’s stock valued at $100,735,000 after buying an additional 2,765,078 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Schwab Emerging Markets Equity ETF by 86.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,693,479 shares of the company’s stock valued at $111,321,000 after purchasing an additional 1,715,694 shares during the period. Corient Private Wealth LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 176.4% during the 2nd quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after purchasing an additional 1,679,145 shares during the period. HighTower Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 17.8% during the 1st quarter. HighTower Advisors LLC now owns 9,855,049 shares of the company’s stock valued at $271,704,000 after purchasing an additional 1,487,984 shares during the period. Finally, Wealthspire Advisors LLC raised its stake in shares of Schwab Emerging Markets Equity ETF by 101.4% during the 1st quarter. Wealthspire Advisors LLC now owns 1,891,296 shares of the company’s stock valued at $52,143,000 after purchasing an additional 952,161 shares during the period.

Schwab Emerging Markets Equity ETF Company Profile

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.