Short Interest in Schwab Ariel ESG ETF (NYSEARCA:SAEF) Drops By 88.4%
by Scott Moore · The Cerbat GemSchwab Ariel ESG ETF (NYSEARCA:SAEF – Get Free Report) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 125 shares, a decline of 88.4% from the December 15th total of 1,079 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,867 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,867 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
Schwab Ariel ESG ETF Stock Performance
Shares of SAEF traded up $0.03 on Tuesday, hitting $28.94. 5,379 shares of the stock traded hands, compared to its average volume of 2,347. Schwab Ariel ESG ETF has a one year low of $21.02 and a one year high of $29.09. The company has a market capitalization of $26.05 million, a PE ratio of 18.79 and a beta of 1.21. The business has a 50 day simple moving average of $27.10 and a 200 day simple moving average of $27.32.
Institutional Trading of Schwab Ariel ESG ETF
Institutional investors and hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its stake in shares of Schwab Ariel ESG ETF by 4.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 281,343 shares of the company’s stock valued at $8,022,000 after purchasing an additional 11,972 shares during the period. Flow Traders U.S. LLC boosted 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 during the last quarter. Finally, WFA of San Diego LLC purchased a new position in shares of Schwab Ariel ESG ETF in the second quarter worth approximately $49,000.
About Schwab Ariel ESG ETF
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.