Schwab Ariel ESG ETF (NYSEARCA:SAEF) Sees Large Increase in Short Interest

by · The Cerbat Gem

Schwab Ariel ESG ETF (NYSEARCA:SAEF – Get Free Report) saw a significant growth in short interest in December. As of December 15th, there was short interest totaling 1,079 shares, a growth of 17,883.3% from the November 30th total of 6 shares. Based on an average daily trading volume, of 2,150 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,150 shares, the short-interest ratio is presently 0.5 days.

Schwab Ariel ESG ETF Price Performance

Shares of NYSEARCA:SAEF traded up $0.11 on Thursday, hitting $27.95. The company’s stock had a trading volume of 1,785 shares, compared to its average volume of 2,773. The company has a market capitalization of $25.71 million, a PE ratio of 18.79 and a beta of 1.21. The company has a 50-day simple moving average of $26.95 and a 200 day simple moving average of $27.02. Schwab Ariel ESG ETF has a 1 year low of $21.02 and a 1 year high of $28.87.

Institutional Investors Weigh In On Schwab Ariel ESG ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SAEF. Wealth Enhancement Advisory Services LLC raised its stake in Schwab Ariel ESG ETF by 4.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 269,371 shares of the company’s stock valued at $7,411,000 after purchasing an additional 10,954 shares during the period. Flow Traders U.S. LLC lifted its holdings in shares of Schwab Ariel ESG ETF by 89.8% in the third quarter. Flow Traders U.S. LLC now owns 17,126 shares of the company’s stock worth $479,000 after buying an additional 8,104 shares in the last quarter. Finally, WFA of San Diego LLC bought a new position in shares of Schwab Ariel ESG ETF during the second quarter worth $49,000.

About Schwab Ariel ESG ETF

(Get Free Report)

The Schwab Ariel ESG ETF (SAEF) is an exchange-traded fund that is based on the Russell 2500 index. The fund is an actively-managed, non-transparent ETF that holds a portfolio of small- and mid-cap US firms screened for ESG criteria. The fund utilizes the Natixis\u002FNYSE non-transparent model. SAEF was launched on Nov 16, 2021 and is managed by Charles Schwab.

Read More