Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Stock Short Interest Rises 76.7%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 961,488 shares, a growth of 76.7% from the September 15th total of 544,207 shares. Based on an average daily trading volume, of 2,997,152 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Kellett Wealth Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter valued at approximately $596,000. ZWJ Investment Counsel Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $300,000. Mather Group LLC. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $257,154,000. Myecfo LLC raised its stake in shares of Schwab U.S. Large-Cap Value ETF by 6.1% during the 3rd quarter. Myecfo LLC now owns 80,960 shares of the company’s stock worth $2,697,000 after buying an additional 4,670 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth approximately $20,793,000.

Schwab U.S. Large-Cap Value ETF Trading Up 0.6%

Shares of Schwab U.S. Large-Cap Value ETF stock traded up $0.20 during trading hours on Thursday, reaching $34.12. The stock had a trading volume of 708,343 shares, compared to its average volume of 3,812,454. The stock’s 50 day moving average is $34.36 and its 200 day moving average is $33.62. The firm has a market capitalization of $15.47 billion, a PE ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a twelve month low of $28.29 and a twelve month high of $35.49.

Schwab U.S. Large-Cap Value ETF Company Profile

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.