Schwab U.S. REIT ETF (NYSEARCA:SCHH) Sees Large 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 daily volume of 10,201,453 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 10,201,453 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Schwab U.S. REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Horizon Investments LLC bought a new stake in shares of Schwab U.S. REIT ETF during the fourth quarter worth $25,000. Palisade Asset Management LLC bought a new stake in Schwab U.S. REIT ETF during the 3rd quarter worth about $25,000. Gilpin Wealth Management LLC acquired a new stake in shares of Schwab U.S. REIT ETF in the fourth quarter valued at approximately $25,000. Blue Trust Inc. bought a new position in Schwab U.S. REIT ETF in the 3rd quarter worth approximately $26,000. Finally, Flagship Harbor Advisors LLC acquired a new position in Schwab U.S. REIT ETF during the 4th quarter worth $26,000.

Schwab U.S. REIT ETF Trading Up 1.4%

Shares of Schwab U.S. REIT ETF stock traded up $0.31 during mid-day trading on Friday, reaching $22.81. 9,749,785 shares of the stock were exchanged, compared to its average volume of 9,830,215. Schwab U.S. REIT ETF has a fifty-two week low of $18.25 and a fifty-two week high of $22.92. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 34.50 and a beta of 0.99. The firm has a 50-day simple moving average of $21.29 and a 200 day simple moving average of $21.30.

Schwab U.S. REIT ETF Company Profile

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.