Schwab U.S. REIT ETF (NYSEARCA:SCHH) Sees Significant Decrease in Short Interest

Schwab U.S. REIT ETF (NYSEARCA:SCHH) saw a large decline in short interest in January. As of January 30th, there was short interest totaling 1,044,980 shares, a decline of 45.4% from the January 15th total of 1,915,069 shares. Based on an average trading volume of 10,201,453 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 10,201,453 shares, the days-to-cover ratio is currently 0.1 days.

Schwab U.S. REIT ETF Stock Performance

Shares of NYSEARCA SCHH traded up $0.31 during mid-day trading on Friday, reaching $22.81. The company had a trading volume of 9,749,785 shares, compared to its average volume of 9,830,215. The stock has a fifty day moving average of $21.29 and a two-hundred day moving average of $21.31. The company has a market capitalization of $9.70 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. Schwab U.S. REIT ETF has a 12-month low of $18.25 and a 12-month high of $22.92.

Hedge Funds Weigh In On Schwab U.S. REIT ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Dumac Inc. acquired a new stake in Schwab U.S. REIT ETF in the 4th quarter worth approximately $163,918,000. Financial Engines Advisors L.L.C. lifted its position in Schwab U.S. REIT ETF by 5.2% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 60,040,433 shares of the company’s stock worth $1,254,245,000 after acquiring an additional 2,964,924 shares during the last quarter. US Bancorp DE boosted its holdings in Schwab U.S. REIT ETF by 5.0% during the third quarter. US Bancorp DE now owns 32,078,890 shares of the company’s stock valued at $691,948,000 after acquiring an additional 1,537,663 shares during the period. BNP Paribas Financial Markets grew its position in shares of Schwab U.S. REIT ETF by 420.2% in the third quarter. BNP Paribas Financial Markets now owns 1,734,132 shares of the company’s stock valued at $37,405,000 after purchasing an additional 1,400,776 shares during the last quarter. Finally, M&T Bank Corp bought a new position in shares of Schwab U.S. REIT ETF in the fourth quarter worth about $21,860,000.

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.