Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Large Drop in Short Interest

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the target of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,406,977 shares, a decline of 29.4% from the November 30th total of 1,993,500 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 22,633,549 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 22,633,549 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Schwab US Large-Cap ETF

Several institutional investors have recently bought and sold shares of SCHX. Independent Advisor Alliance grew its position in shares of Schwab US Large-Cap ETF by 1.1% in the third quarter. Independent Advisor Alliance now owns 35,309 shares of the company’s stock valued at $930,000 after purchasing an additional 392 shares during the period. Snowden Capital Advisors LLC lifted its stake in Schwab US Large-Cap ETF by 3.3% in the 2nd quarter. Snowden Capital Advisors LLC now owns 12,522 shares of the company’s stock valued at $306,000 after buying an additional 402 shares in the last quarter. Manning & Napier Advisors LLC boosted its holdings in Schwab US Large-Cap ETF by 31.4% in the 3rd quarter. Manning & Napier Advisors LLC now owns 1,693 shares of the company’s stock worth $45,000 after buying an additional 405 shares during the last quarter. CM Wealth Advisors LLC increased its stake in Schwab US Large-Cap ETF by 1.3% during the 2nd quarter. CM Wealth Advisors LLC now owns 32,538 shares of the company’s stock worth $795,000 after buying an additional 414 shares in the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its holdings in shares of Schwab US Large-Cap ETF by 61.2% during the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after acquiring an additional 415 shares during the last quarter.

Schwab US Large-Cap ETF Stock Performance

Shares of Schwab US Large-Cap ETF stock traded down $0.04 during trading on Tuesday, hitting $27.12. 8,034,907 shares of the company’s stock were exchanged, compared to its average volume of 13,605,021. The business has a 50-day simple moving average of $26.81 and a 200-day simple moving average of $25.88. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $27.30. The stock has a market capitalization of $62.97 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

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.