Schwab Ariel ESG ETF (NYSEARCA:SAEF) Short Interest Down 88.4% in December

Schwab Ariel ESG ETF (NYSEARCA:SAEF) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 125 shares, a decrease of 88.4% from the December 15th total of 1,079 shares. Based on an average daily trading volume, of 2,867 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,867 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Schwab Ariel ESG ETF

A number of hedge funds have recently added to or reduced their stakes in SAEF. Wealth Enhancement Advisory Services LLC grew its position in Schwab Ariel ESG ETF by 4.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock valued at $8,022,000 after buying an additional 11,972 shares during the period. Flow Traders U.S. LLC grew its position in shares of Schwab Ariel ESG ETF by 89.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock valued at $479,000 after acquiring an additional 8,104 shares during the period. Finally, WFA of San Diego LLC purchased a new position in shares of Schwab Ariel ESG ETF in the 2nd quarter valued at about $49,000.

Schwab Ariel ESG ETF Stock Performance

Schwab Ariel ESG ETF stock traded down $0.05 during midday trading on Monday, hitting $28.91. 353 shares of the company were exchanged, compared to its average volume of 1,922. Schwab Ariel ESG ETF has a fifty-two week low of $21.02 and a fifty-two week high of $28.96. The firm has a market capitalization of $26.02 million, a PE ratio of 18.79 and a beta of 1.21. The business has a fifty day simple moving average of $27.10 and a two-hundred day simple moving average of $27.32.

About Schwab Ariel ESG ETF

The Schwab Ariel ESG ETF (SAEF) is an exchange-traded fund that is based on the Russell 2500 index. The fund is an actively-managed, non-transparent ETF that holds a portfolio of small- and mid-cap US firms screened for ESG criteria. The fund utilizes the Natixis\u002FNYSE non-transparent model. SAEF was launched on Nov 16, 2021 and is managed by Charles Schwab.