Short Interest in Schwab Core Bond ETF (NYSEARCA:SCCR) Drops By 72.5%

Schwab Core Bond ETF (NYSEARCA:SCCR) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 12,411 shares, a decrease of 72.5% from the May 31st total of 45,182 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 274,399 shares, the short-interest ratio is presently 0.0 days.

Schwab Core Bond ETF Stock Performance

SCCR stock opened at $25.66 on Friday. Schwab Core Bond ETF has a 52 week low of $25.17 and a 52 week high of $26.25. The firm’s 50-day moving average is $25.54 and its two-hundred day moving average is $25.74.

Institutional Investors Weigh In On Schwab Core Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of SCCR. Breakwater Investment Management boosted its holdings in Schwab Core Bond ETF by 100.2% in the fourth quarter. Breakwater Investment Management now owns 199,686 shares of the company’s stock worth $5,162,000 after purchasing an additional 99,934 shares in the last quarter. Destination Wealth Management bought a new position in Schwab Core Bond ETF in the 4th quarter worth approximately $369,000. RFG Advisory LLC bought a new position in Schwab Core Bond ETF during the first quarter worth $203,000. Aire Advisors LLC bought a new position in shares of Schwab Core Bond ETF during the 1st quarter worth about $302,000. Finally, Fifth Third Bancorp acquired a new position in Schwab Core Bond ETF in the 1st quarter valued at approximately $69,000.

Schwab Core Bond ETF Company Profile

The Schwab Core Bond ETF (SCCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in investment grade, US dollar-denominated debt securities of varying maturities. The fund seeks total return. SCCR was launched on Feb 5, 2025 and is issued by Charles Schwab.