Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Shorted: Short Interest Up 153.8% in September

Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,773,066 shares, an increase of 153.8% from the September 15th total of 698,593 shares. Based on an average daily trading volume, of 6,247,762 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Schwab U.S. TIPS ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. First Community Trust NA acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $25,000. Archer Investment Corp lifted its holdings in shares of Schwab U.S. TIPS ETF by 212.2% in the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after purchasing an additional 660 shares in the last quarter. TOP Private Wealth LLC. purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at about $38,000. CX Institutional acquired a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at approximately $44,000. Finally, MidFirst Bank acquired a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $50,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock traded up $0.07 during trading hours on Wednesday, hitting $25.27. The stock had a trading volume of 7,100,631 shares, compared to its average volume of 4,829,873. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $27.15. The stock’s 50 day moving average is $25.64 and its 200 day moving average is $26.21.

Schwab U.S. TIPS ETF Company Profile

(Get Free Report)

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.

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