Short Interest in Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) Decreases By 50.1%

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 400 shares, a decline of 50.1% from the April 30th total of 801 shares. Based on an average daily volume of 1,946 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Schwab Ariel Opportunities ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab Ariel Opportunities ETF by 4.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock valued at $8,022,000 after acquiring an additional 11,972 shares during the period. Flow Traders U.S. LLC boosted its holdings in shares of Schwab Ariel Opportunities ETF by 89.8% during 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, WFA of San Diego LLC acquired a new position in shares of Schwab Ariel Opportunities ETF during the second quarter valued at $49,000.

Schwab Ariel Opportunities ETF Stock Up 0.6%

SAEF stock traded up $0.17 during trading on Tuesday, hitting $30.31. 974 shares of the company’s stock traded hands, compared to its average volume of 3,086. Schwab Ariel Opportunities ETF has a 52 week low of $24.24 and a 52 week high of $30.53. The stock has a fifty day moving average price of $28.96 and a two-hundred day moving average price of $28.43. The stock has a market capitalization of $25.16 million, a price-to-earnings ratio of 18.79 and a beta of 1.17.

About Schwab Ariel Opportunities ETF

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.