Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Shorted: Short Interest Up 193.9% in September

Schwab U.S. REIT ETF (NYSEARCA:SCHH) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,559,120 shares, an increase of 193.9% from the August 31st total of 530,539 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 7,405,215 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Schwab U.S. REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dumac Inc. purchased a new position in Schwab U.S. REIT ETF during the fourth quarter worth about $163,918,000. Waverly Advisors LLC grew its stake in shares of Schwab U.S. REIT ETF by 2,599.4% in the 1st quarter. Waverly Advisors LLC now owns 746,140 shares of the company’s stock valued at $16,035,000 after buying an additional 718,499 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Schwab U.S. REIT ETF by 6.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,756,832 shares of the company’s stock valued at $278,402,000 after buying an additional 712,099 shares during the period. Amicus Financial Advisors LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the 4th quarter valued at approximately $7,243,000. Finally, Manning & Napier Advisors LLC increased its holdings in shares of Schwab U.S. REIT ETF by 44.4% during the 1st quarter. Manning & Napier Advisors LLC now owns 709,478 shares of the company’s stock worth $15,247,000 after buying an additional 218,099 shares during the last quarter.

Schwab U.S. REIT ETF Stock Down 0.2%

Shares of SCHH traded down $0.04 during midday trading on Friday, reaching $22.31. The company had a trading volume of 11,883,297 shares, compared to its average volume of 7,605,595. Schwab U.S. REIT ETF has a 1-year low of $20.63 and a 1-year high of $25.03. The firm has a 50 day simple moving average of $23.75 and a 200-day simple moving average of $23.35. The stock has a market cap of $10.65 billion, a PE ratio of 34.50 and a beta of 0.93.

About Schwab U.S. REIT ETF

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.