Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Grows By 187.9%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 243,000 shares, an increase of 187.9% from the September 30th total of 84,400 shares. Based on an average daily volume of 2,935,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,935,100 shares, the short-interest ratio is presently 0.1 days.

Schwab U.S. Large-Cap Value ETF Price Performance

Shares of SCHV stock opened at $28.98 on Thursday. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.08 and a fifty-two week high of $29.47. The stock’s 50-day moving average is $28.94 and its two-hundred day moving average is $27.76. The firm has a market cap of $13.67 billion, a P/E ratio of 19.08 and a beta of 0.90.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. LPL Financial LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 0.8% during the 1st quarter. LPL Financial LLC now owns 3,523,715 shares of the company’s stock valued at $93,660,000 after acquiring an additional 28,552 shares during the last quarter. Courage Miller Partners LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 2.1% during the 2nd quarter. Courage Miller Partners LLC now owns 274,001 shares of the company’s stock valued at $7,582,000 after acquiring an additional 5,727 shares during the last quarter. M3 Advisory Group LLC increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 1.5% during the 2nd quarter. M3 Advisory Group LLC now owns 92,987 shares of the company’s stock valued at $2,573,000 after acquiring an additional 1,377 shares during the last quarter. Sovereign Financial Group Inc. increased its holdings in shares of Schwab U.S. Large-Cap Value ETF by 6.5% during the 2nd quarter. Sovereign Financial Group Inc. now owns 20,857 shares of the company’s stock valued at $577,000 after acquiring an additional 1,276 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $232,000.

About Schwab U.S. Large-Cap Value ETF

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.