Short Interest in Schwab US Large-Cap ETF (NYSEARCA:SCHX) Grows By 205.7%

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 4,136,008 shares, an increase of 205.7% from the May 31st total of 1,352,779 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 15,332,528 shares, the days-to-cover ratio is presently 0.3 days.

Schwab US Large-Cap ETF Trading Down 0.3%

Schwab US Large-Cap ETF stock traded down $0.09 during midday trading on Friday, reaching $28.79. The company’s stock had a trading volume of 21,606,252 shares, compared to its average volume of 19,665,650. The stock has a market cap of $69.42 billion, a PE ratio of 25.66 and a beta of 1.01. The business has a 50-day moving average price of $28.96 and a 200-day moving average price of $27.57. Schwab US Large-Cap ETF has a 52 week low of $24.17 and a 52 week high of $29.95.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. IFC & Insurance Marketing Inc. bought a new stake in Schwab US Large-Cap ETF during the 4th quarter worth approximately $25,000. Measured Wealth Private Client Group LLC bought a new position in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $26,000. Optima Capital LLC acquired a new position in Schwab US Large-Cap ETF in the fourth quarter valued at $29,000. Tidemark LLC lifted its stake in shares of Schwab US Large-Cap ETF by 474.3% in the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock valued at $34,000 after purchasing an additional 1,053 shares during the period. Finally, Signature Resources Capital Management LLC lifted its stake in Schwab US Large-Cap ETF by 510.5% in the first quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock valued at $34,000 after buying an additional 1,118 shares during the period.

About Schwab US Large-Cap ETF

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 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.