Schwab International Equity ETF (NYSEARCA:SCHF) Sees Significant Growth in Short Interest

Schwab International Equity ETF (NYSEARCA:SCHF) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 6,449,641 shares, a growth of 57.5% from the July 15th total of 4,095,038 shares. Based on an average daily trading volume, of 8,193,387 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Schwab International Equity ETF Price Performance

Shares of SCHF stock opened at $28.21 on Thursday. The company’s 50-day simple moving average is $27.66 and its two-hundred day simple moving average is $26.73. Schwab International Equity ETF has a one year low of $22.37 and a one year high of $28.68. The company has a market capitalization of $68.65 billion, a P/E ratio of 16.14 and a beta of 0.82.

Institutional Investors Weigh In On Schwab International Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Corient Private Wealth LLC grew its stake in Schwab International Equity ETF by 94.7% in the second quarter. Corient Private Wealth LLC now owns 42,108,788 shares of the company’s stock valued at $930,592,000 after purchasing an additional 20,481,030 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Schwab International Equity ETF by 4.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 297,753,417 shares of the company’s stock worth $7,157,992,000 after purchasing an additional 12,246,283 shares in the last quarter. Morgan Stanley grew its position in shares of Schwab International Equity ETF by 79.4% in the 4th quarter. Morgan Stanley now owns 18,928,150 shares of the company’s stock worth $455,033,000 after buying an additional 8,376,473 shares during the last quarter. Valpey Financial Services LLC raised its stake in shares of Schwab International Equity ETF by 2,277.5% during the 4th quarter. Valpey Financial Services LLC now owns 5,317,481 shares of the company’s stock worth $127,832,000 after acquiring an additional 5,093,825 shares in the last quarter. Finally, Wealthfront Advisers LLC raised its stake in shares of Schwab International Equity ETF by 4.4% during the 1st quarter. Wealthfront Advisers LLC now owns 116,338,040 shares of the company’s stock worth $2,879,366,000 after acquiring an additional 4,858,558 shares in the last quarter.

Schwab International Equity ETF Company Profile

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.