Short Interest in Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Expands By 405.6%

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw a large increase in short interest in March. As of March 31st, there was short interest totaling 1,366,705 shares, an increase of 405.6% from the March 15th total of 270,321 shares. Based on an average daily volume of 2,947,286 shares, the short-interest ratio is currently 0.5 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. HighTower Advisors LLC raised its position in Schwab Emerging Markets Equity ETF by 3.0% during the third quarter. HighTower Advisors LLC now owns 10,445,370 shares of the company’s stock valued at $348,562,000 after buying an additional 303,891 shares during the period. US Bancorp DE raised its position in Schwab Emerging Markets Equity ETF by 0.5% during the fourth quarter. US Bancorp DE now owns 6,543,475 shares of the company’s stock valued at $214,299,000 after buying an additional 32,697 shares during the period. Corient Private Wealth LLC raised its position in Schwab Emerging Markets Equity ETF by 176.4% during the second quarter. Corient Private Wealth LLC now owns 2,631,208 shares of the company’s stock valued at $79,305,000 after buying an additional 1,679,145 shares during the period. Morgan Stanley raised its position in Schwab Emerging Markets Equity ETF by 9.6% during the fourth quarter. Morgan Stanley now owns 2,324,707 shares of the company’s stock valued at $76,134,000 after buying an additional 203,020 shares during the period. Finally, Rakuten Investment Management Inc. acquired a new position in Schwab Emerging Markets Equity ETF during the third quarter valued at $74,621,000.

Schwab Emerging Markets Equity ETF Stock Up 0.5%

Shares of SCHE opened at $34.59 on Monday. Schwab Emerging Markets Equity ETF has a 52-week low of $25.83 and a 52-week high of $36.00. The firm has a market cap of $12.07 billion, a price-to-earnings ratio of 15.58 and a beta of 0.56. The business’s 50 day moving average is $34.01 and its two-hundred day moving average is $33.70.

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. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.