Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Up 28.7% in March

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 270,321 shares, a growth of 28.7% from the February 26th total of 210,049 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,503,960 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Valeo Financial Advisors LLC increased its position in Schwab Emerging Markets Equity ETF by 323.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 56,348 shares of the company’s stock worth $1,698,000 after buying an additional 43,055 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of Schwab Emerging Markets Equity ETF by 10.4% during the third quarter. Commonwealth Equity Services LLC now owns 477,042 shares of the company’s stock worth $15,919,000 after buying an additional 45,042 shares during the last quarter. HBK Sorce Advisory LLC boosted its position in shares of Schwab Emerging Markets Equity ETF by 8.4% in the third quarter. HBK Sorce Advisory LLC now owns 1,465,759 shares of the company’s stock valued at $49,088,000 after acquiring an additional 113,345 shares during the period. Cambridge Financial Group LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 37.3% in the second quarter. Cambridge Financial Group LLC now owns 69,467 shares of the company’s stock worth $2,094,000 after acquiring an additional 18,855 shares during the last quarter. Finally, Payne Capital Management LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 8.0% in the third quarter. Payne Capital Management LLC now owns 211,782 shares of the company’s stock worth $7,067,000 after acquiring an additional 15,764 shares during the last quarter.

Schwab Emerging Markets Equity ETF Price Performance

Shares of SCHE stock opened at $31.97 on Monday. Schwab Emerging Markets Equity ETF has a 12 month low of $24.11 and a 12 month high of $36.00. The business’s 50 day moving average is $34.27 and its two-hundred day moving average is $33.69. The company has a market cap of $11.19 billion, a PE ratio of 15.58 and a beta of 0.54.

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.