Schwab International Dividend Equity ETF (NYSEARCA:SCHY) Short Interest Update

Schwab International Dividend Equity ETF (NYSEARCA:SCHY) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 975,419 shares, a growth of 352.7% from the December 15th total of 215,490 shares. Based on an average daily volume of 411,691 shares, the short-interest ratio is presently 2.4 days. Approximately 1.7% of the company’s stock are short sold. Approximately 1.7% of the company’s stock are short sold. Based on an average daily volume of 411,691 shares, the short-interest ratio is presently 2.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. CWM LLC purchased a new stake in shares of Schwab International Dividend Equity ETF during the 2nd quarter valued at $26,000. Carolina Wealth Advisors LLC bought a new position in Schwab International Dividend Equity ETF during the second quarter valued at about $30,000. Farther Finance Advisors LLC bought a new position in Schwab International Dividend Equity ETF during the second quarter valued at about $32,000. Breakwater Investment Management increased its holdings in Schwab International Dividend Equity ETF by 37.5% during the second quarter. Breakwater Investment Management now owns 1,463 shares of the company’s stock worth $40,000 after buying an additional 399 shares during the last quarter. Finally, Anchor Investment Management LLC raised its position in Schwab International Dividend Equity ETF by 29.1% in the second quarter. Anchor Investment Management LLC now owns 2,824 shares of the company’s stock worth $77,000 after acquiring an additional 637 shares during the period.

Schwab International Dividend Equity ETF Stock Performance

Shares of Schwab International Dividend Equity ETF stock traded down $0.19 during mid-day trading on Tuesday, hitting $30.02. 823,165 shares of the stock were exchanged, compared to its average volume of 605,949. Schwab International Dividend Equity ETF has a 12 month low of $22.89 and a 12 month high of $30.25. The company has a 50-day simple moving average of $29.42 and a 200 day simple moving average of $28.43. The company has a market capitalization of $1.71 billion, a P/E ratio of 14.06 and a beta of 0.57.

About Schwab International Dividend Equity ETF

The Schwab International Dividend Equity ETF (SCHY) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a modified market-cap-weighted index of 100 high-dividend-yielding stocks located outside of the US. Stocks are selected based on additional fundamental criteria and low volatility. SCHY was launched on Apr 29, 2021 and is managed by Charles Schwab.