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

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Valeo Financial Advisors LLC raised its holdings in shares of 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 in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Schwab Emerging Markets Equity ETF by 10.4% during the 3rd 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 period. HBK Sorce Advisory LLC boosted its stake in Schwab Emerging Markets Equity ETF by 8.4% in the 3rd quarter. HBK Sorce Advisory LLC now owns 1,465,759 shares of the company’s stock valued at $49,088,000 after buying an additional 113,345 shares in the last quarter. Cambridge Financial Group LLC boosted its stake in Schwab Emerging Markets Equity ETF by 37.3% in the 2nd quarter. Cambridge Financial Group LLC now owns 69,467 shares of the company’s stock valued at $2,094,000 after buying an additional 18,855 shares in the last quarter. Finally, Payne Capital Management LLC grew its position in 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 valued at $7,067,000 after acquiring an additional 15,764 shares during the period.

Schwab Emerging Markets Equity ETF Stock Performance

NYSEARCA:SCHE opened at $31.97 on Monday. The company has a 50-day moving average of $34.27 and a 200-day moving average of $33.69. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $36.00. The company has a market capitalization of $11.19 billion, a price-to-earnings ratio of 15.58 and a beta of 0.54.

About Schwab Emerging Markets Equity ETF

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.