Short Interest in Schwab Emerging Markets Equity ETF (SCHE) Drops By 34.1%

Schwab Emerging Markets Equity ETF (NYSEARCA:SCHE) saw a significant decrease in short interest in October. As of October 15th, there was short interest totalling 574,678 shares, a decrease of 34.1% from the September 28th total of 871,554 shares. Based on an average trading volume of 1,601,235 shares, the short-interest ratio is currently 0.4 days.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCHE. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab Emerging Markets Equity ETF by 5.6% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 31,662,926 shares of the company’s stock valued at $819,753,000 after acquiring an additional 1,670,026 shares in the last quarter. Signature Financial Management Inc. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 10,142.4% during the second quarter. Signature Financial Management Inc. now owns 1,294,950 shares of the company’s stock worth $33,527,000 after buying an additional 1,282,307 shares during the period. Financial Engines Advisors L.L.C. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 19.4% during the second quarter. Financial Engines Advisors L.L.C. now owns 4,846,721 shares of the company’s stock worth $125,481,000 after buying an additional 787,342 shares during the period. Mather Group LLC. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 23.3% during the second quarter. Mather Group LLC. now owns 2,280,249 shares of the company’s stock worth $59,036,000 after buying an additional 431,341 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Schwab Emerging Markets Equity ETF by 22.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,962,133 shares of the company’s stock worth $50,800,000 after buying an additional 354,403 shares during the period.

NYSEARCA SCHE opened at $24.66 on Friday. Schwab Emerging Markets Equity ETF has a 1 year low of $22.82 and a 1 year high of $31.08.

About Schwab Emerging Markets Equity ETF

Schwab Emerging Markets Equity ETF (the Fund) seeks to track the total return of the FTSE All-Emerging Index (the Index). The Fund’s index consists of large and mid capitalization companies in emerging market countries. The Index defines the large and mid capitalization universe as approximately the top 90% of the eligible universe.

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