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

Schwab Ariel Opportunities ETF (NYSEARCA:SAEF) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 801 shares, a decrease of 72.0% from the April 15th total of 2,859 shares. Based on an average trading volume of 1,641 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

Schwab Ariel Opportunities ETF Price Performance

SAEF traded down $0.38 on Wednesday, reaching $29.06. 1,222 shares of the stock were exchanged, compared to its average volume of 3,323. The company’s 50-day moving average price is $28.62 and its 200 day moving average price is $28.19. Schwab Ariel Opportunities ETF has a fifty-two week low of $23.61 and a fifty-two week high of $30.46. The firm has a market capitalization of $24.12 million, a PE ratio of 18.79 and a beta of 1.17.

Institutional Trading of Schwab Ariel Opportunities ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its position in Schwab Ariel Opportunities ETF by 4.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock worth $8,022,000 after buying an additional 11,972 shares during the last quarter. Flow Traders U.S. LLC raised its position in Schwab Ariel Opportunities ETF by 89.8% during the 3rd quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock worth $479,000 after buying an additional 8,104 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new position in Schwab Ariel Opportunities ETF during the 2nd quarter worth approximately $49,000.

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.