Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) Sees Significant Growth in Short Interest

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,859 shares, an increase of 991.2% from the March 31st total of 262 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 3,109 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SAEF. WFA of San Diego LLC acquired a new position in shares of Schwab Ariel Opportunities ETF during the second quarter worth approximately $49,000. Flow Traders U.S. LLC boosted its position in shares of Schwab Ariel Opportunities ETF by 89.8% in the third 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, Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab Ariel Opportunities ETF by 4.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 269,371 shares of the company’s stock worth $7,411,000 after acquiring an additional 10,954 shares during the last quarter.

Schwab Ariel Opportunities ETF Price Performance

Shares of NYSEARCA SAEF traded up $0.08 during trading hours on Friday, hitting $29.49. 1,026 shares of the company’s stock were exchanged, compared to its average volume of 3,612. Schwab Ariel Opportunities ETF has a 1-year low of $22.88 and a 1-year high of $30.46. The stock has a market capitalization of $24.48 million, a price-to-earnings ratio of 18.79 and a beta of 1.20. The company’s 50-day moving average price is $28.65 and its 200-day moving average price is $28.02.

Schwab Ariel Opportunities ETF Company Profile

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.