Short Interest in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Decreases By 27.0%

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 377,985 shares, a decrease of 27.0% from the December 15th total of 517,650 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 1,041,051 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 1,041,051 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.2% of the company’s shares are short sold.

Schwab Long-Term U.S. Treasury ETF Trading Down 0.6%

SCHQ traded down $0.19 during mid-day trading on Friday, hitting $31.86. The stock had a trading volume of 515,594 shares, compared to its average volume of 380,334. The stock’s fifty day simple moving average is $32.04 and its 200-day simple moving average is $31.98. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $30.24 and a 1-year high of $33.82.

Institutional Trading of Schwab Long-Term U.S. Treasury ETF

A number of large investors have recently added to or reduced their stakes in SCHQ. Park Place Capital Corp lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 176.9% in the second quarter. Park Place Capital Corp now owns 886 shares of the company’s stock worth $28,000 after acquiring an additional 566 shares during the period. Smartleaf Asset Management LLC raised its holdings in Schwab Long-Term U.S. Treasury ETF by 11,843.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock worth $89,000 after purchasing an additional 2,724 shares during the last quarter. LGT Financial Advisors LLC lifted its position in shares of Schwab Long-Term U.S. Treasury ETF by 314.8% in the 3rd quarter. LGT Financial Advisors LLC now owns 2,833 shares of the company’s stock worth $92,000 after purchasing an additional 2,150 shares during the period. Tortoise Investment Management LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 16.7% in the 3rd quarter. Tortoise Investment Management LLC now owns 4,440 shares of the company’s stock valued at $143,000 after purchasing an additional 635 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 11.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,750 shares of the company’s stock valued at $151,000 after purchasing an additional 479 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Company Profile

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.