Schwab Ariel ESG ETF (NYSEARCA:SAEF) Sees Significant Increase in Short Interest

Schwab Ariel ESG ETF (NYSEARCA:SAEF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,079 shares, a growth of 17,883.3% from the November 30th total of 6 shares. Based on an average trading volume of 2,150 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 2,150 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Schwab Ariel ESG ETF

A number of hedge funds have recently modified their holdings of SAEF. WFA of San Diego LLC bought a new position in shares of Schwab Ariel ESG ETF in the 2nd quarter worth about $49,000. Flow Traders U.S. LLC increased its stake in shares of Schwab Ariel ESG ETF by 89.8% during the third quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock valued at $479,000 after purchasing an additional 8,104 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab Ariel ESG ETF by 4.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 269,371 shares of the company’s stock valued at $7,411,000 after purchasing an additional 10,954 shares in the last quarter.

Schwab Ariel ESG ETF Stock Up 0.4%

SAEF opened at $27.95 on Friday. Schwab Ariel ESG ETF has a 52 week low of $21.02 and a 52 week high of $28.87. The stock has a market cap of $25.71 million, a PE ratio of 18.79 and a beta of 1.21. The business has a 50 day moving average of $26.96 and a 200-day moving average of $27.02.

Schwab Ariel ESG ETF Company Profile

The Schwab Ariel ESG ETF (SAEF) is an exchange-traded fund that is based on the Russell 2500 index. The fund is an actively-managed, non-transparent ETF that holds a portfolio of small- and mid-cap US firms screened for ESG criteria. The fund utilizes the Natixis\u002FNYSE non-transparent model. SAEF was launched on Nov 16, 2021 and is managed by Charles Schwab.