Schwab US Broad Market ETF (NYSEARCA:SCHB) Short Interest Update

Schwab US Broad Market ETF (NYSEARCA:SCHB) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 1,874,723 shares, a drop of 39.4% from the December 15th total of 3,093,492 shares. Based on an average trading volume of 7,128,656 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 7,128,656 shares, the short-interest ratio is currently 0.3 days.

Schwab US Broad Market ETF Stock Down 0.0%

Shares of SCHB traded down $0.01 during trading hours on Friday, hitting $26.74. The company had a trading volume of 6,580,245 shares, compared to its average volume of 7,111,504. The firm has a market cap of $38.91 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 12 month low of $18.52 and a 12 month high of $26.89. The business has a fifty day moving average of $26.23 and a 200-day moving average of $25.48.

Institutional Investors Weigh In On Schwab US Broad Market ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHB. Gallagher Fiduciary Advisors LLC boosted its position in Schwab US Broad Market ETF by 2,295.8% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 64,764,324 shares of the company’s stock valued at $1,543,334,000 after buying an additional 62,061,116 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Schwab US Broad Market ETF during the second quarter worth approximately $161,574,000. AlphaCore Capital LLC increased its stake in shares of Schwab US Broad Market ETF by 1,400.4% in the 2nd quarter. AlphaCore Capital LLC now owns 5,953,464 shares of the company’s stock valued at $141,871,000 after acquiring an additional 5,556,673 shares in the last quarter. Caprock Group LLC bought a new stake in Schwab US Broad Market ETF in the third quarter valued at $54,987,000. Finally, Boulder Wealth Advisors LLC acquired a new position in Schwab US Broad Market ETF during the 3rd quarter worth approximately $40,435,000.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.