Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Up 84.3% in May

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 1,220,000 shares, an increase of 84.3% from the May 15th total of 662,000 shares. Based on an average daily volume of 1,210,400 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Large investors have recently bought and sold shares of the business. Oarsman Capital Inc. raised its stake in Schwab Emerging Markets Equity ETF by 5,788.2% in the 4th quarter. Oarsman Capital Inc. now owns 1,001 shares of the company’s stock worth $27,000 after acquiring an additional 984 shares during the last quarter. Human Investing LLC purchased a new position in Schwab Emerging Markets Equity ETF in the 4th quarter worth $29,000. Assetmark Inc. raised its stake in Schwab Emerging Markets Equity ETF by 377.7% in the 4th quarter. Assetmark Inc. now owns 1,113 shares of the company’s stock worth $30,000 after acquiring an additional 880 shares during the last quarter. Dunhill Financial LLC purchased a new position in Schwab Emerging Markets Equity ETF in the 1st quarter worth $34,000. Finally, Lee Danner & Bass Inc. purchased a new position in Schwab Emerging Markets Equity ETF in the 4th quarter worth $36,000.

Schwab Emerging Markets Equity ETF Trading Up 1.1%

Shares of Schwab Emerging Markets Equity ETF stock traded up $0.31 on Monday, hitting $29.75. 583,328 shares of the company traded hands, compared to its average volume of 1,185,338. The stock’s 50 day moving average price is $28.14 and its 200-day moving average price is $27.60. Schwab Emerging Markets Equity ETF has a 52 week low of $24.11 and a 52 week high of $30.25. The company has a market cap of $10.13 billion, a PE ratio of 15.17 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.