Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Short Interest Update

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 1,067,633 shares, a growth of 77.4% from the June 30th total of 601,664 shares. Based on an average daily trading volume, of 369,308 shares, the days-to-cover ratio is currently 2.9 days. Approximately 1.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SCHC. Cassaday & Co Wealth Management LLC bought a new stake in shares of Schwab International Small-Cap Equity ETF in the first quarter valued at approximately $25,000. Activest Wealth Management acquired a new position in Schwab International Small-Cap Equity ETF in the 4th quarter valued at $28,000. Independence Bank of Kentucky acquired a new position in Schwab International Small-Cap Equity ETF in the 4th quarter valued at $31,000. IMG Wealth Management Inc. bought a new stake in shares of Schwab International Small-Cap Equity ETF during the 4th quarter valued at $31,000. Finally, Palisade Asset Management LLC bought a new stake in shares of Schwab International Small-Cap Equity ETF during the 3rd quarter valued at $31,000.

Schwab International Small-Cap Equity ETF Stock Down 0.4%

Shares of Schwab International Small-Cap Equity ETF stock traded down $0.20 during trading on Friday, reaching $48.34. The company’s stock had a trading volume of 188,751 shares, compared to its average volume of 445,871. The business’s 50-day moving average price is $48.85 and its 200-day moving average price is $48.94. Schwab International Small-Cap Equity ETF has a 52 week low of $42.16 and a 52 week high of $51.78. The firm has a market cap of $5.39 billion, a PE ratio of 16.25 and a beta of 0.91.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.