Schwab International Equity ETF (NYSEARCA:SCHF) Sees Large Decline in Short Interest

by · The Cerbat Gem

Schwab International Equity ETF (NYSEARCA:SCHF – Get Free Report) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 4,435,381 shares, a decline of 17.5% from the December 31st total of 5,376,661 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 10,522,286 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 10,522,286 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are short sold.

Hedge Funds Weigh In On Schwab International Equity ETF

Several institutional investors have recently added to or reduced their stakes in SCHF. Brighton Jones LLC grew its holdings in Schwab International Equity ETF by 548.4% in the 4th quarter. Brighton Jones LLC now owns 167,257 shares of the company’s stock valued at $3,094,000 after buying an additional 141,460 shares during the period. Revolve Wealth Partners LLC grew its holdings in Schwab International Equity ETF by 93.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 822,596 shares of the company’s stock valued at $15,218,000 after purchasing an additional 397,716 shares during the period. Janney Montgomery Scott LLC grew its holdings in Schwab International Equity ETF by 7.8% in the second quarter. Janney Montgomery Scott LLC now owns 66,216 shares of the company’s stock valued at $1,463,000 after purchasing an additional 4,784 shares during the period. Truist Financial Corp increased its position in Schwab International Equity ETF by 1.6% during the second quarter. Truist Financial Corp now owns 111,885 shares of the company’s stock worth $2,473,000 after purchasing an additional 1,790 shares during the last quarter. Finally, QRG Capital Management Inc. raised its stake in Schwab International Equity ETF by 31.0% during the second quarter. QRG Capital Management Inc. now owns 27,580 shares of the company’s stock worth $610,000 after purchasing an additional 6,533 shares during the period.

Schwab International Equity ETF Stock Performance

NYSEARCA SCHF traded up $0.13 during mid-day trading on Monday, reaching $25.57. 7,470,656 shares of the stock were exchanged, compared to its average volume of 11,659,913. The stock has a market capitalization of $58.83 billion, a PE ratio of 16.14 and a beta of 0.86. Schwab International Equity ETF has a 1-year low of $17.56 and a 1-year high of $25.92. The business’s fifty day simple moving average is $24.42 and its 200 day simple moving average is $23.56.

Schwab International Equity ETF Company Profile

(Get Free Report)

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.

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