Short Interest in Schwab International Equity ETF (NYSEARCA:SCHF) Expands By 66.8%

Schwab International Equity ETF (NYSEARCA:SCHF) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 11,455,277 shares, an increase of 66.8% from the February 12th total of 6,866,621 shares. Based on an average daily trading volume, of 12,528,735 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 12,528,735 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Friday Financial increased its position in shares of Schwab International Equity ETF by 77.3% during the 3rd quarter. Friday Financial now owns 262,700 shares of the company’s stock valued at $6,116,000 after purchasing an additional 114,515 shares during the last quarter. Bright Futures Wealth Management LLC. purchased a new position in shares of Schwab International Equity ETF in the third quarter worth approximately $436,000. Blackhawk Capital Partners LLC boosted its holdings in shares of Schwab International Equity ETF by 141.3% in the third quarter. Blackhawk Capital Partners LLC now owns 145,628 shares of the company’s stock worth $3,390,000 after buying an additional 85,268 shares during the last quarter. Noble Family Wealth LLC grew its position in Schwab International Equity ETF by 3.7% during the third quarter. Noble Family Wealth LLC now owns 853,138 shares of the company’s stock valued at $19,861,000 after buying an additional 30,091 shares during the period. Finally, Barnes Pettey Financial Advisors LLC bought a new stake in Schwab International Equity ETF during the second quarter valued at approximately $212,000.

Schwab International Equity ETF Stock Performance

SCHF opened at $24.62 on Friday. The company’s 50-day simple moving average is $25.69 and its two-hundred day simple moving average is $24.32. The stock has a market capitalization of $56.76 billion, a P/E ratio of 16.14 and a beta of 0.86. Schwab International Equity ETF has a 52-week low of $17.56 and a 52-week high of $27.17.

About Schwab International Equity ETF

Schwab Strategic Trust (the Trust) is an open-end management investment company. The Trust’s portfolio of funds include Schwab U.S. REIT ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, Schwab U.S. Dividend Equity ETF, Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Markets Equity ETF, Schwab U.S. TIPS ETF, Schwab Short-Term U.S.