Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Short Interest Update

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 723,070 shares, a decrease of 25.9% from the December 31st total of 975,419 shares. Based on an average daily trading volume, of 658,935 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.2% of the company’s stock are sold short. Currently, 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 658,935 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Schwab International Dividend Equity ETF

Several hedge funds have recently modified their holdings of the company. Hidden Cove Wealth Management LLC boosted its stake in Schwab International Dividend Equity ETF by 48.3% in the fourth quarter. Hidden Cove Wealth Management LLC now owns 30,913 shares of the company’s stock valued at $922,000 after acquiring an additional 10,074 shares in the last quarter. Robertson Stephens Wealth Management LLC boosted its position in Schwab International Dividend Equity ETF by 10.9% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 192,597 shares of the company’s stock valued at $5,743,000 after buying an additional 18,982 shares during the last quarter. Seek First Inc. boosted its holdings in shares of Schwab International Dividend Equity ETF by 0.9% in the 4th quarter. Seek First Inc. now owns 45,874 shares of the company’s stock valued at $1,368,000 after acquiring an additional 430 shares during the last quarter. Comerica Bank boosted its holdings in Schwab International Dividend Equity ETF by 873.4% in the fourth quarter. Comerica Bank now owns 5,957 shares of the company’s stock valued at $178,000 after purchasing an additional 5,345 shares during the last quarter. Finally, Farrow Financial Inc. purchased a new stake in shares of Schwab International Dividend Equity ETF in the fourth quarter worth about $2,410,000.

Schwab International Dividend Equity ETF Stock Performance

Schwab International Dividend Equity ETF stock traded up $0.24 during midday trading on Monday, hitting $31.69. 1,091,144 shares of the company’s stock were exchanged, compared to its average volume of 661,702. The firm has a 50-day moving average of $30.02 and a two-hundred day moving average of $28.79. Schwab International Dividend Equity ETF has a 12 month low of $22.97 and a 12 month high of $31.84. The company has a market cap of $1.90 billion, a PE ratio of 14.06 and a beta of 0.57.

Schwab International Dividend Equity ETF Company Profile

The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.