Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Significant Decline in Short Interest

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 817,718 shares, a decline of 24.5% from the February 12th total of 1,082,598 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 4,185,210 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 4,185,210 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Schwab US Small-Cap ETF Stock Performance

Shares of Schwab US Small-Cap ETF stock traded down $0.06 on Friday, hitting $28.71. The company had a trading volume of 3,611,318 shares, compared to its average volume of 3,664,435. Schwab US Small-Cap ETF has a 1 year low of $20.04 and a 1 year high of $31.25. The stock has a 50 day moving average of $30.27 and a 200-day moving average of $28.86. The stock has a market capitalization of $19.77 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SCHA. New York Life Investment Management LLC lifted its position in Schwab US Small-Cap ETF by 151.5% during the third quarter. New York Life Investment Management LLC now owns 1,350,769 shares of the company’s stock valued at $37,686,000 after buying an additional 813,680 shares during the period. Game Plan Financial Advisors LLC boosted its holdings in shares of Schwab US Small-Cap ETF by 20.5% during the 3rd quarter. Game Plan Financial Advisors LLC now owns 202,467 shares of the company’s stock valued at $5,649,000 after buying an additional 34,453 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of Schwab US Small-Cap ETF in the 2nd quarter worth about $2,194,000. Kavar Capital Partners Group LLC grew its position in shares of Schwab US Small-Cap ETF by 7.3% in the 3rd quarter. Kavar Capital Partners Group LLC now owns 262,115 shares of the company’s stock worth $7,313,000 after buying an additional 17,932 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Schwab US Small-Cap ETF by 494.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 59,363 shares of the company’s stock worth $1,656,000 after acquiring an additional 49,385 shares in the last quarter.

About Schwab US Small-Cap ETF

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.