Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) Sees Large Decline in Short Interest

Schwab Ariel Opportunities ETF (NYSEARCA:SAEFGet Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3 shares, a decrease of 99.4% from the June 15th total of 533 shares. Based on an average daily volume of 3,680 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Schwab Ariel Opportunities ETF Price Performance

Shares of SAEF traded up $0.14 on Friday, reaching $31.30. The company’s stock had a trading volume of 2,432 shares, compared to its average volume of 4,048. The stock’s 50 day simple moving average is $30.38 and its two-hundred day simple moving average is $29.29. The stock has a market capitalization of $25.67 million, a P/E ratio of 18.79 and a beta of 1.14. Schwab Ariel Opportunities ETF has a 12-month low of $25.16 and a 12-month high of $32.37.

Institutional Investors Weigh In On Schwab Ariel Opportunities ETF

Hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its stake in shares of Schwab Ariel Opportunities ETF by 4.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock worth $8,022,000 after purchasing an additional 11,972 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in Schwab Ariel Opportunities 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 during the period. Finally, WFA of San Diego LLC bought a new stake in Schwab Ariel Opportunities ETF during the second quarter valued at about $49,000.

Schwab Ariel Opportunities ETF Company Profile

(Get Free Report)

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.

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