Schwab US Large-Cap ETF (NYSEARCA:SCHX) Short Interest Update

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 3,926,684 shares, an increase of 106.1% from the July 15th total of 1,905,478 shares. Based on an average daily volume of 8,614,134 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Schwab US Large-Cap ETF Trading Down 0.2%

SCHX stock traded down $0.07 during midday trading on Friday, hitting $30.64. 5,243,203 shares of the company’s stock were exchanged, compared to its average volume of 17,302,279. The firm has a 50 day moving average price of $29.53 and a 200-day moving average price of $28.21. Schwab US Large-Cap ETF has a 12-month low of $24.81 and a 12-month high of $30.77. The stock has a market capitalization of $74.75 billion, a price-to-earnings ratio of 25.66 and a beta of 1.00.

Institutional Trading of Schwab US Large-Cap ETF

Several institutional investors have recently added to or reduced their stakes in SCHX. Moneta Group Investment Advisors LLC increased its position in shares of Schwab US Large-Cap ETF by 3.0% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 35,831,024 shares of the company’s stock worth $964,213,000 after purchasing an additional 1,051,978 shares during the last quarter. HBK Sorce Advisory LLC increased its holdings in Schwab US Large-Cap ETF by 1.3% in the fourth quarter. HBK Sorce Advisory LLC now owns 34,479,165 shares of the company’s stock valued at $939,212,000 after buying an additional 437,374 shares during the last quarter. Sei Investments Co. increased its holdings in Schwab US Large-Cap ETF by 5.0% in the first quarter. Sei Investments Co. now owns 32,528,571 shares of the company’s stock valued at $834,033,000 after buying an additional 1,554,760 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Schwab US Large-Cap ETF by 5.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 30,984,972 shares of the company’s stock valued at $833,806,000 after buying an additional 1,546,669 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in Schwab US Large-Cap ETF by 5.6% during the fourth quarter. Captrust Financial Advisors now owns 19,522,489 shares of the company’s stock valued at $525,350,000 after buying an additional 1,039,540 shares in the last quarter.

Schwab US Large-Cap ETF Company Profile

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.