Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) Short Interest Down 20.0% in April

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,093,269 shares, a decline of 20.0% from the March 31st total of 1,366,705 shares. Based on an average trading volume of 2,142,714 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Schwab Emerging Markets Equity ETF Trading Up 1.5%

Shares of SCHE stock traded up $0.52 during mid-day trading on Thursday, reaching $35.78. The stock had a trading volume of 2,971,079 shares, compared to its average volume of 2,483,031. The stock’s 50-day moving average price is $34.15 and its two-hundred day moving average price is $33.90. Schwab Emerging Markets Equity ETF has a 52-week low of $27.62 and a 52-week high of $36.25. The firm has a market capitalization of $12.48 billion, a PE ratio of 15.58 and a beta of 0.56.

Hedge Funds Weigh In On Schwab Emerging Markets Equity ETF

Several hedge funds have recently made changes to their positions in SCHE. Lodestone Wealth Management LLC purchased a new stake in Schwab Emerging Markets Equity ETF in the fourth quarter worth about $28,000. Financial Consulate Inc. grew its holdings in Schwab Emerging Markets Equity ETF by 222.7% in the fourth quarter. Financial Consulate Inc. now owns 868 shares of the company’s stock worth $28,000 after purchasing an additional 599 shares during the period. Morton Brown Family Wealth LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 122.2% in the third quarter. Morton Brown Family Wealth LLC now owns 891 shares of the company’s stock worth $30,000 after acquiring an additional 490 shares during the last quarter. Oak Harbor Wealth Partners LLC grew its stake in shares of Schwab Emerging Markets Equity ETF by 2,042.2% in the fourth quarter. Oak Harbor Wealth Partners LLC now owns 964 shares of the company’s stock worth $32,000 after acquiring an additional 919 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Schwab Emerging Markets Equity ETF in the third quarter worth $35,000.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.