Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Shorted: Short Interest Down 52.7% in October

Schwab U.S. REIT ETF (NYSEARCA:SCHH) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 940,589 shares, a decrease of 52.7% from the September 30th total of 1,987,391 shares. Based on an average daily volume of 12,448,648 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in SCHH. Compass Financial Management LLC grew its position in shares of Schwab U.S. REIT ETF by 25.2% during the 3rd quarter. Compass Financial Management LLC now owns 12,867 shares of the company’s stock valued at $284,000 after acquiring an additional 2,590 shares during the period. Rakuten Investment Management Inc. increased its stake in shares of Schwab U.S. REIT ETF by 15.9% in the 3rd quarter. Rakuten Investment Management Inc. now owns 29,769 shares of the company’s stock worth $662,000 after purchasing an additional 4,079 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in shares of Schwab U.S. REIT ETF in the 3rd quarter worth $1,146,000. Vise Technologies Inc. raised its holdings in Schwab U.S. REIT ETF by 6.0% in the 3rd quarter. Vise Technologies Inc. now owns 448,754 shares of the company’s stock worth $9,891,000 after purchasing an additional 25,235 shares during the period. Finally, MGO One Seven LLC raised its holdings in Schwab U.S. REIT ETF by 1.3% in the 3rd quarter. MGO One Seven LLC now owns 104,403 shares of the company’s stock worth $2,301,000 after purchasing an additional 1,309 shares during the period.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA:SCHH remained flat at $23.05 during trading on Friday. 10,407,904 shares of the stock traded hands, compared to its average volume of 7,988,782. The firm has a market cap of $11.06 billion, a price-to-earnings ratio of 34.50 and a beta of 0.93. The company has a 50 day simple moving average of $22.83 and a 200-day simple moving average of $23.00. Schwab U.S. REIT ETF has a 52-week low of $20.63 and a 52-week high of $25.03.

About Schwab U.S. REIT ETF

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.