Schwab US Small-Cap ETF (NYSEARCA:SCHA) Short Interest Down 41.6% in June

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 293,050 shares, a decline of 41.6% from the June 15th total of 501,452 shares. Based on an average daily volume of 2,253,269 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Several hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE grew its position in shares of Schwab US Small-Cap ETF by 5.3% during the 2nd quarter. Bank of America Corp DE now owns 19,019,095 shares of the company’s stock worth $481,183,000 after buying an additional 962,262 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Schwab US Small-Cap ETF by 5.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,502,072 shares of the company’s stock valued at $156,699,000 after purchasing an additional 260,545 shares during the period. UBS Group AG lifted its stake in shares of Schwab US Small-Cap ETF by 7.1% in the 3rd quarter. UBS Group AG now owns 4,096,983 shares of the company’s stock valued at $114,306,000 after purchasing an additional 271,629 shares during the period. Valpey Financial Services LLC boosted its position in shares of Schwab US Small-Cap ETF by 2,689.1% in the 4th quarter. Valpey Financial Services LLC now owns 3,638,749 shares of the company’s stock worth $103,632,000 after purchasing an additional 3,508,286 shares during the last quarter. Finally, Corient Private Wealth LLC grew its stake in shares of Schwab US Small-Cap ETF by 164.9% during the fourth 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 period.

Schwab US Small-Cap ETF Price Performance

Shares of NYSEARCA:SCHA traded down $0.35 during midday trading on Thursday, reaching $34.17. The company’s stock had a trading volume of 1,345,462 shares, compared to its average volume of 2,816,183. The business’s fifty day simple moving average is $34.21 and its 200-day simple moving average is $31.67. Schwab US Small-Cap ETF has a fifty-two week low of $24.95 and a fifty-two week high of $36.20. The company has a market capitalization of $23.53 billion, a P/E ratio of 17.65 and a beta of 1.09.

About Schwab US Small-Cap ETF

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.