Schwab Ariel ESG ETF (NYSEARCA:SAEF) Sees Significant Growth in Short Interest

Schwab Ariel ESG ETF (NYSEARCA:SAEF) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 200 shares, a growth of 100.0% from the August 31st total of 100 shares. Based on an average trading volume of 1,900 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 1,900 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Schwab Ariel ESG ETF

An institutional investor recently bought a new position in Schwab Ariel ESG ETF stock. WFA of San Diego LLC purchased a new stake in Schwab Ariel ESG ETF (NYSEARCA:SAEF) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 1,913 shares of the company’s stock, valued at approximately $49,000. WFA of San Diego LLC owned about 0.21% of Schwab Ariel ESG ETF at the end of the most recent reporting period.

Schwab Ariel ESG ETF Price Performance

NYSEARCA:SAEF opened at $28.05 on Monday. Schwab Ariel ESG ETF has a 12-month low of $21.02 and a 12-month high of $29.54. The firm has a market capitalization of $25.53 million, a P/E ratio of 18.79 and a beta of 1.12. The stock’s fifty day simple moving average is $27.85 and its 200-day simple moving average is $25.68.

About Schwab Ariel ESG 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.