Schwab US Small-Cap ETF (NYSEARCA:SCHA) Short Interest Up 291.6% in April

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 2,623,856 shares, a growth of 291.6% from the April 15th total of 669,991 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 1,798,574 shares, the days-to-cover ratio is currently 1.5 days.

Schwab US Small-Cap ETF Price Performance

NYSEARCA:SCHA traded up $0.01 on Wednesday, reaching $33.09. 1,453,518 shares of the company’s stock were exchanged, compared to its average volume of 3,126,709. The firm has a market cap of $22.78 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a 52 week low of $23.55 and a 52 week high of $33.66. The stock has a fifty day simple moving average of $30.66 and a 200-day simple moving average of $29.76.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SCHA. Investment Research Partners LLC lifted its stake in Schwab US Small-Cap ETF by 2.7% in the 4th quarter. Investment Research Partners LLC now owns 12,697 shares of the company’s stock worth $362,000 after purchasing an additional 330 shares in the last quarter. Rossby Financial LCC lifted its stake in Schwab US Small-Cap ETF by 27.3% in the 4th quarter. Rossby Financial LCC now owns 1,586 shares of the company’s stock worth $45,000 after purchasing an additional 340 shares in the last quarter. Zhang Financial LLC lifted its stake in Schwab US Small-Cap ETF by 1.6% in the 4th quarter. Zhang Financial LLC now owns 22,176 shares of the company’s stock worth $632,000 after purchasing an additional 359 shares in the last quarter. Geometric Wealth Advisors lifted its stake in Schwab US Small-Cap ETF by 2.2% in the 4th quarter. Geometric Wealth Advisors now owns 16,847 shares of the company’s stock worth $480,000 after purchasing an additional 365 shares in the last quarter. Finally, CWA Asset Management Group LLC lifted its stake in Schwab US Small-Cap ETF by 1.3% in the 4th quarter. CWA Asset Management Group LLC now owns 30,700 shares of the company’s stock worth $874,000 after purchasing an additional 381 shares in the last quarter.

Schwab US Small-Cap ETF Company Profile

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.