Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 284,270 shares, a growth of 122.7% from the July 15th total of 127,648 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 383,240 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On Schwab Long-Term U.S. Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth about $332,000. Jane Street Group LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF during the 2nd quarter worth approximately $2,229,000. Ameriprise Financial Inc. raised its stake in Schwab Long-Term U.S. Treasury ETF by 7.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 287,241 shares of the company’s stock worth $9,161,000 after buying an additional 19,942 shares during the period. Bank of America Corp DE boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 8.7% in the second quarter. Bank of America Corp DE now owns 99,236 shares of the company’s stock worth $3,165,000 after acquiring an additional 7,984 shares in the last quarter. Finally, GeoWealth Management LLC bought a new position in Schwab Long-Term U.S. Treasury ETF in the third quarter worth approximately $169,000.

Schwab Long-Term U.S. Treasury ETF Stock Performance

Shares of NYSEARCA:SCHQ traded down $0.18 during mid-day trading on Friday, hitting $29.92. The company had a trading volume of 474,085 shares, compared to its average volume of 731,575. The firm has a fifty day moving average price of $30.68 and a 200 day moving average price of $31.23. Schwab Long-Term U.S. Treasury ETF has a one year low of $29.83 and a one year high of $33.19.

Schwab Long-Term U.S. Treasury ETF Company Profile

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.