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

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 155,703 shares, a decrease of 45.2% from the July 30th total of 284,270 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average trading volume of 452,639 shares, the days-to-cover ratio is presently 0.3 days.

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

Schwab Long-Term U.S. Treasury ETF stock traded down $0.09 during trading hours on Friday, reaching $30.17. 1,648,366 shares of the company’s stock were exchanged, compared to its average volume of 750,627. The firm’s 50 day simple moving average is $30.48 and its 200 day simple moving average is $31.11. Schwab Long-Term U.S. Treasury ETF has a twelve month low of $29.64 and a twelve month high of $33.19.

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

A number of hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 229.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock worth $25,000 after buying an additional 555 shares in the last quarter. Windsor Advisory Group LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 1st quarter valued at $28,000. Kestra Advisory Services LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 4th quarter valued at $45,000. Atlas Capital Advisors Inc. bought a new position in Schwab Long-Term U.S. Treasury ETF during the fourth quarter worth $51,000. Finally, Dogwood Wealth Management LLC boosted its stake in Schwab Long-Term U.S. Treasury ETF by 1,049.7% during the second quarter. Dogwood Wealth Management LLC now owns 1,920 shares of the company’s stock worth $60,000 after acquiring an additional 1,753 shares in the last quarter.

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.