Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Up 1,347.2% in July

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,284,316 shares, an increase of 1,347.2% from the June 30th total of 88,745 shares. Based on an average daily volume of 408,000 shares, the short-interest ratio is presently 3.1 days. Currently, 3.7% of the company’s shares are short sold.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.0%

NYSEARCA SCHJ traded up $0.01 during trading on Friday, hitting $24.48. The stock had a trading volume of 191,095 shares, compared to its average volume of 226,024. Schwab 1-5 Year Corporate Bond ETF has a one year low of $24.45 and a one year high of $25.05. The stock has a 50 day simple moving average of $24.59 and a 200 day simple moving average of $24.74.

Hedge Funds Weigh In On Schwab 1-5 Year Corporate Bond ETF

A number of large investors have recently bought and sold shares of SCHJ. Jane Street Group LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the first quarter worth $1,666,000. Geneos Wealth Management Inc. purchased a new stake in Schwab 1-5 Year Corporate Bond ETF in the 1st quarter valued at about $27,000. Raymond James Financial Inc. bought a new position in Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter worth about $60,000. Osaic Holdings Inc. increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 38.7% during the 2nd quarter. Osaic Holdings Inc. now owns 16,751 shares of the company’s stock worth $416,000 after purchasing an additional 4,677 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 569.6% in the third quarter. JPMorgan Chase & Co. now owns 28,178 shares of the company’s stock valued at $703,000 after acquiring an additional 23,970 shares in the last quarter.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.