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

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the recipient of a large increase in short interest during the month of 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. Based on an average daily volume of 7,405,215 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab U.S. REIT ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Texas Yale Capital Corp. raised its holdings in Schwab U.S. REIT ETF by 43.4% in the 4th quarter. Texas Yale Capital Corp. now owns 251,366 shares of the company’s stock valued at $5,251,000 after acquiring an additional 76,023 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Schwab U.S. REIT ETF by 8.4% during the 4th quarter. Principal Securities Inc. now owns 638,775 shares of the company’s stock worth $13,344,000 after purchasing an additional 49,554 shares during the last quarter. Value Investment Professionals LLC purchased a new stake in shares of Schwab U.S. REIT ETF in the first quarter valued at approximately $1,421,000. Banque Cantonale Vaudoise purchased a new stake in shares of Schwab U.S. REIT ETF in the first quarter valued at approximately $713,000. Finally, Dumac Inc. increased its holdings in shares of Schwab U.S. REIT ETF by 1.0% in the first quarter. Dumac Inc. now owns 7,929,093 shares of the company’s stock valued at $170,396,000 after purchasing an additional 82,351 shares during the last quarter.

Schwab U.S. REIT ETF Trading Down 0.2%

SCHH stock traded down $0.04 during midday trading on Friday, reaching $22.31. The stock 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 52-week low of $20.63 and a 52-week high of $25.03. The company’s fifty day simple moving average is $23.75 and its 200 day simple moving average is $23.35. The company has a market cap of $10.65 billion, a price-to-earnings ratio of 34.50 and a beta of 0.93.

Schwab U.S. REIT ETF Company Profile

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.