Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Sees Large Decline in Short Interest

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) saw a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 667,294 shares, a decrease of 45.8% from the July 30th total of 1,231,150 shares. Based on an average trading volume of 302,542 shares, the short-interest ratio is presently 2.2 days. Currently, 0.6% of the shares of the stock are short sold.

Schwab International Small-Cap Equity ETF Price Performance

NYSEARCA SCHC traded down $0.67 during trading hours on Tuesday, reaching $50.65. The company’s stock had a trading volume of 210,398 shares, compared to its average volume of 426,363. The firm has a fifty day simple moving average of $49.26 and a 200-day simple moving average of $49.27. The stock has a market cap of $5.65 billion, a P/E ratio of 16.25 and a beta of 0.91. Schwab International Small-Cap Equity ETF has a 52 week low of $43.45 and a 52 week high of $52.12.

Institutional Investors Weigh In On Schwab International Small-Cap Equity ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Keyvantage Wealth LLC raised its stake in shares of Schwab International Small-Cap Equity ETF by 7.8% during the 4th quarter. Keyvantage Wealth LLC now owns 155,670 shares of the company’s stock worth $7,088,000 after purchasing an additional 11,234 shares during the period. Livet Wealth LLC purchased a new position in shares of Schwab International Small-Cap Equity ETF in the 4th quarter worth $627,000. Vise Technologies Inc. lifted its position in shares of Schwab International Small-Cap Equity ETF by 16.2% during the 4th quarter. Vise Technologies Inc. now owns 431,323 shares of the company’s stock valued at $19,638,000 after buying an additional 60,082 shares in the last quarter. TIAA Trust National Association lifted its holdings in Schwab International Small-Cap Equity ETF by 15.2% in the 4th quarter. TIAA Trust National Association now owns 4,177,112 shares of the company’s stock worth $190,184,000 after purchasing an additional 550,585 shares in the last quarter. Finally, Cardiff Park Advisors LLC raised its position in shares of Schwab International Small-Cap Equity ETF by 951.7% during the first quarter. Cardiff Park Advisors LLC now owns 11,800 shares of the company’s stock valued at $552,000 after buying an additional 10,678 shares during the last quarter.

About Schwab International Small-Cap Equity ETF

Schwab International Small-Cap Equity ETF (the Fund) seeks to track the total return of the FTSE Developed Small Cap ex-US Liquid Index (the Index). The Fund’s index consists of small capitalization companies in developed countries outside the United States. The Index defines the small capitalization universe as approximately the bottom 10% of the eligible universe with a minimum free float capitalization of $150 million. The types of derivatives used by the Fund are options, futures, options on futures and swaps.