Schwab US Small-Cap ETF (NYSEARCA:SCHA) Stock Short Interest Rises 86.4%

Schwab US Small-Cap ETF (NYSEARCA:SCHA – Get Free Report) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 2,254,228 shares, an increase of 86.4% from the September 15th total of 1,209,257 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 4,280,050 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Schwab US Small-Cap ETF

Several large investors have recently added to or reduced their stakes in SCHA. 93 Financial Group LLC bought a new stake in Schwab US Small-Cap ETF during the 4th quarter worth approximately $47,509,000. Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of Schwab US Small-Cap ETF during the third quarter worth $29,526,000. Weaver Capital Management LLC purchased a new position in Schwab US Small-Cap ETF during the third quarter valued at $21,114,000. Bangor Savings Bank bought a new stake in Schwab US Small-Cap ETF in the 3rd quarter valued at $14,869,000. Finally, Amicus Financial Advisors LLC purchased a new stake in shares of Schwab US Small-Cap ETF in the fourth quarter worth about $10,398,000.

Schwab US Small-Cap ETF Trading Down 1.6%

SCHA traded down $0.52 during trading on Friday, reaching $31.98. The stock had a trading volume of 3,147,036 shares, compared to its average volume of 2,897,275. The stock’s 50 day moving average is $33.82 and its two-hundred day moving average is $33.50. The company has a market capitalization of $22.01 billion, a price-to-earnings ratio of 17.65 and a beta of 1.11. Schwab US Small-Cap ETF has a one year low of $26.45 and a one year high of $36.20.

About Schwab US Small-Cap ETF

(Get Free Report)

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.

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