Schwab US Small-Cap ETF (NYSEARCA:SCHA) Sees Large Decrease in Short Interest

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 501,452 shares, a decrease of 73.5% from the May 31st total of 1,889,144 shares. Based on an average trading volume of 2,046,620 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Several large investors have recently bought and sold shares of SCHA. Valpey Financial Services LLC grew its holdings in Schwab US Small-Cap ETF by 2,689.1% during the 4th quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock worth $103,632,000 after acquiring an additional 3,508,286 shares during the period. Corient Private Wealth LLC boosted its position in shares of Schwab US Small-Cap ETF by 164.9% in the 4th quarter. Corient Private Wealth LLC now owns 3,613,460 shares of the company’s stock worth $102,911,000 after purchasing an additional 2,249,591 shares during the last quarter. 93 Financial Group LLC bought a new position in shares of Schwab US Small-Cap ETF in the 4th quarter worth $47,509,000. Bank of America Corp DE grew its stake in shares of Schwab US Small-Cap ETF by 5.3% during the second quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after purchasing an additional 962,262 shares during the period. Finally, FIDELIS iM LLC grew its position in shares of Schwab US Small-Cap ETF by 409.7% during the 4th quarter. FIDELIS iM LLC now owns 822,969 shares of the company’s stock worth $23,438,000 after buying an additional 661,509 shares during the period.

Schwab US Small-Cap ETF Stock Down 0.5%

Shares of SCHA stock opened at $35.49 on Friday. The stock has a 50-day moving average price of $33.52 and a 200 day moving average price of $31.11. The firm has a market cap of $24.43 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 12 month low of $24.95 and a 12 month high of $35.80.

Schwab US Small-Cap ETF Company Profile

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 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. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.