Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Down 69.8% in June

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,095 shares, a decrease of 69.8% from the May 31st total of 16,886 shares. Based on an average trading volume of 135,683 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

Schwab Ultra-Short Income ETF Stock Performance

Shares of SCUS stock opened at $25.17 on Tuesday. The company has a 50 day moving average of $25.17 and a 200-day moving average of $25.19. Schwab Ultra-Short Income ETF has a 12-month low of $25.09 and a 12-month high of $25.33.

Institutional Trading of Schwab Ultra-Short Income ETF

A number of large investors have recently bought and sold shares of the company. Anfield Capital Management LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the third quarter valued at $53,000. James Investment Research Inc. purchased a new stake in Schwab Ultra-Short Income ETF in the 4th quarter worth about $296,000. Savvy Advisors Inc. raised its stake in Schwab Ultra-Short Income ETF by 57.9% in the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock valued at $441,000 after acquiring an additional 6,418 shares during the period. WealthPLAN Partners LLC bought a new stake in Schwab Ultra-Short Income ETF in the 4th quarter valued at about $536,000. Finally, Waverly Advisors LLC lifted its holdings in Schwab Ultra-Short Income ETF by 13.2% during the first quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after purchasing an additional 3,079 shares during the last quarter.

Schwab Ultra-Short Income ETF Company Profile

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.