Short Interest in Schwab Government Money Market ETF (NYSEARCA:SGVT) Decreases By 96.3%

Schwab Government Money Market ETF (NYSEARCA:SGVT) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 4,890 shares, a decrease of 96.3% from the January 15th total of 132,115 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 251,024 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 251,024 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of Schwab Government Money Market ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wolfstich Capital LLC bought a new position in Schwab Government Money Market ETF in the 4th quarter worth about $316,000. North Berkeley Wealth Management LLC bought a new stake in shares of Schwab Government Money Market ETF during the fourth quarter valued at about $22,568,000. Uptick Partners LLC lifted its holdings in shares of Schwab Government Money Market ETF by 408.9% in the fourth quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock worth $14,524,000 after buying an additional 116,138 shares in the last quarter. Savant Capital LLC boosted its position in shares of Schwab Government Money Market ETF by 181.6% in the fourth quarter. Savant Capital LLC now owns 95,081 shares of the company’s stock valued at $9,554,000 after acquiring an additional 61,315 shares during the period. Finally, Addison Capital Co bought a new position in shares of Schwab Government Money Market ETF in the fourth quarter valued at approximately $9,149,000.

Schwab Government Money Market ETF Stock Up 0.0%

Schwab Government Money Market ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $100.53. The company’s stock had a trading volume of 281,859 shares, compared to its average volume of 247,669. The firm’s fifty day moving average price is $100.56 and its two-hundred day moving average price is $100.51. Schwab Government Money Market ETF has a 12-month low of $100.01 and a 12-month high of $100.77.

Schwab Government Money Market ETF Company Profile

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.