Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Increase in Short Interest

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 1,945,325 shares, a growth of 67.4% from the May 14th total of 1,162,024 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 3,407,305 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Clearstead Advisors LLC boosted its position in Schwab Intermediate-Term U.S. Treasury ETF by 8.2% in the 3rd quarter. Clearstead Advisors LLC now owns 1,714,017 shares of the company’s stock valued at $43,073,000 after buying an additional 130,244 shares during the last quarter. Savvy Advisors Inc. raised its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 24.6% during the fourth quarter. Savvy Advisors Inc. now owns 166,952 shares of the company’s stock worth $4,187,000 after acquiring an additional 32,987 shares during the last quarter. Advocate Group LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 20.5% during the fourth quarter. Advocate Group LLC now owns 405,405 shares of the company’s stock valued at $10,168,000 after acquiring an additional 69,007 shares during the period. Bouchey Financial Group Ltd lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 5.2% during the third quarter. Bouchey Financial Group Ltd now owns 1,279,128 shares of the company’s stock valued at $32,144,000 after acquiring an additional 63,433 shares during the period. Finally, Park Avenue Securities LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 28.1% in the fourth quarter. Park Avenue Securities LLC now owns 105,150 shares of the company’s stock valued at $2,637,000 after acquiring an additional 23,065 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Trading Up 0.1%

Shares of NYSEARCA SCHR traded up $0.03 during trading on Monday, reaching $24.64. The company had a trading volume of 2,109,724 shares, compared to its average volume of 2,751,409. Schwab Intermediate-Term U.S. Treasury ETF has a 52 week low of $24.42 and a 52 week high of $25.42. The business’s 50 day moving average price is $24.73 and its 200-day moving average price is $24.96.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.