Schwab US Small-Cap ETF (NYSEARCA:SCHA) Stock Short Interest Falls 52.0%

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 1,005,336 shares, a decrease of 52.0% from the October 15th total of 2,094,531 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 3,713,349 shares, the short-interest ratio is currently 0.3 days.

Schwab US Small-Cap ETF Stock Performance

NYSEARCA SCHA traded down $0.03 during trading hours on Friday, hitting $32.95. The company had a trading volume of 2,060,702 shares, compared to its average volume of 2,936,444. Schwab US Small-Cap ETF has a 52 week low of $26.45 and a 52 week high of $36.20. The firm has a 50 day simple moving average of $33.04 and a 200 day simple moving average of $32.70. The firm has a market capitalization of $22.69 billion, a price-to-earnings ratio of 16.78 and a beta of 1.12.

Institutional Investors Weigh In On Schwab US Small-Cap ETF

A number of institutional investors and hedge funds have recently modified their holdings of SCHA. Flputnam Investment Management Co. bought a new position in shares of Schwab US Small-Cap ETF in the third quarter valued at approximately $591,000. Haverford Trust Co bought a new stake in Schwab US Small-Cap ETF during the 3rd quarter worth approximately $563,000. EP Wealth Advisors LLC bought a new stake in Schwab US Small-Cap ETF during the 3rd quarter worth approximately $7,806,000. Pathstone Holdings LLC increased its holdings in Schwab US Small-Cap ETF by 345.9% during the 3rd quarter. Pathstone Holdings LLC now owns 183,862 shares of the company’s stock worth $6,005,000 after acquiring an additional 142,628 shares during the period. Finally, Medallion Wealth Advisors LLC lifted its stake in Schwab US Small-Cap ETF by 3.6% in the 3rd quarter. Medallion Wealth Advisors LLC now owns 12,151 shares of the company’s stock worth $396,000 after purchasing an additional 427 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.