Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Stock Short Interest Rises 1,479.6%

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 529,539 shares, an increase of 1,479.6% from the October 15th total of 33,523 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 2,694,202 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Large investors have recently bought and sold shares of the company. Valtinson Bruner Financial Planning LLC grew its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 6.9% during the third quarter. Valtinson Bruner Financial Planning LLC now owns 9,496 shares of the company’s stock valued at $204,000 after acquiring an additional 615 shares in the last quarter. Advisor Resource Council lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 8.0% in the third quarter. Advisor Resource Council now owns 14,277 shares of the company’s stock worth $305,000 after acquiring an additional 1,062 shares in the last quarter. Citizens National Bank Trust Department lifted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 1.4% in the first quarter. Citizens National Bank Trust Department now owns 94,801 shares of the company’s stock worth $2,150,000 after acquiring an additional 1,312 shares in the last quarter. Godsey & Gibb Inc. acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the third quarter worth about $35,000. Finally, Root Financial Partners LLC acquired a new position in shares of Schwab 5-10 Year Corporate Bond ETF in the third quarter worth about $37,000.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

NYSEARCA SCHI traded down $0.15 during mid-day trading on Tuesday, hitting $21.70. The stock had a trading volume of 2,604,093 shares, compared to its average volume of 2,820,145. Schwab 5-10 Year Corporate Bond ETF has a 52-week low of $21.24 and a 52-week high of $23.26. The company has a 50 day simple moving average of $21.70 and a 200 day simple moving average of $22.40.

Schwab 5-10 Year Corporate Bond ETF Company Profile

The Schwab 5-10 Year Corporate Bond ETF (SCHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.