Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Up 87.3% in August

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHIGet Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 361,669 shares, an increase of 87.3% from the July 30th total of 193,081 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,700,562 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Schwab 5-10 Year Corporate Bond ETF

Large investors have recently bought and sold shares of the business. Ameritas Advisory Services LLC bought a new position in Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter valued at $301,000. Compass Financial Management LLC bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the second quarter worth $397,000. Keeler Thomas Management LLC bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the second quarter worth $678,000. Charles Schwab Trust Co boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 1.8% during the second quarter. Charles Schwab Trust Co now owns 520,480 shares of the company’s stock valued at $11,784,000 after purchasing an additional 9,136 shares during the period. Finally, Worth Asset Management LLC boosted its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 12.1% during the second quarter. Worth Asset Management LLC now owns 54,856 shares of the company’s stock valued at $1,242,000 after purchasing an additional 5,940 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of NYSEARCA:SCHI opened at $22.20 on Tuesday. The business has a 50 day simple moving average of $22.36 and a two-hundred day simple moving average of $22.61. Schwab 5-10 Year Corporate Bond ETF has a 1 year low of $22.14 and a 1 year high of $23.28.

About Schwab 5-10 Year Corporate Bond ETF

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The Schwab 5-10 Year Corporate Bond ETF (SCHI) 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 intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.

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