Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) Shares Shorted: Short Interest Down 87.8% in October

Schwab International Small-Cap Equity ETF (NYSEARCA:SCHC) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 215,630 shares, a drop of 87.8% from the October 15th total of 1,770,793 shares. Based on an average daily trading volume, of 315,752 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab International Small-Cap Equity ETF

Several institutional investors have recently modified their holdings of the stock. TD Waterhouse Canada Inc. lifted its holdings in shares of Schwab International Small-Cap Equity ETF by 60.2% in the second quarter. TD Waterhouse Canada Inc. now owns 116,104 shares of the company’s stock valued at $5,599,000 after purchasing an additional 43,646 shares in the last quarter. Baird Financial Group Inc. raised its stake in Schwab International Small-Cap Equity ETF by 119.5% in the second quarter. Baird Financial Group Inc. now owns 29,083 shares of the company’s stock valued at $1,399,000 after buying an additional 15,836 shares during the period. HB Wealth Management LLC lifted its position in Schwab International Small-Cap Equity ETF by 341.1% during the second quarter. HB Wealth Management LLC now owns 72,724 shares of the company’s stock worth $3,499,000 after acquiring an additional 56,236 shares during the last quarter. Clearwater Capital Advisors LLC increased its position in Schwab International Small-Cap Equity ETF by 6.5% during the 1st quarter. Clearwater Capital Advisors LLC now owns 203,226 shares of the company’s stock worth $9,499,000 after buying an additional 12,414 shares during the period. Finally, Charles Schwab Trust Co raised its stake in Schwab International Small-Cap Equity ETF by 41.3% in the 2nd quarter. Charles Schwab Trust Co now owns 619,205 shares of the company’s stock worth $29,796,000 after purchasing an additional 180,880 shares in the last quarter.

Schwab International Small-Cap Equity ETF Stock Up 0.6%

SCHC stock traded up $0.27 during midday trading on Wednesday, hitting $48.47. 176,475 shares of the company traded hands, compared to its average volume of 410,974. The stock has a market capitalization of $5.55 billion, a price-to-earnings ratio of 16.25 and a beta of 0.94. The business has a 50 day simple moving average of $49.45 and a 200-day simple moving average of $49.33. Schwab International Small-Cap Equity ETF has a twelve month low of $43.45 and a twelve month high of $52.12.

Schwab International Small-Cap Equity ETF Company Profile

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.