Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Short Interest Update

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,433,258 shares, an increase of 82.9% from the July 15th total of 783,829 shares. Based on an average trading volume of 2,405,459 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Schwab Short-Term U.S. Treasury ETF Stock Performance

Shares of SCHO stock remained flat at $24.10 during trading hours on Monday. The stock had a trading volume of 2,940,658 shares, compared to its average volume of 3,507,798. The business’s 50-day simple moving average is $24.09 and its 200 day simple moving average is $24.20. Schwab Short-Term U.S. Treasury ETF has a fifty-two week low of $24.02 and a fifty-two week high of $24.46.

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

Institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 138.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after buying an additional 599 shares in the last quarter. Simplex Trading LLC grew its stake in Schwab Short-Term U.S. Treasury ETF by 5,315.0% in the 4th quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after acquiring an additional 1,063 shares during the period. NBT Bank N A NY increased its stake in Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock valued at $32,000 after purchasing an additional 1,278 shares during the last quarter. Physician Wealth Advisors Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter worth approximately $34,000. Finally, Gilpin Wealth Management LLC purchased a new position in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter worth about $39,000.

About Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.