Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Down 24.0% in December

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 296,527 shares, a decrease of 24.0% from the December 15th total of 389,991 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,947,133 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 1,947,133 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Steigerwald Gordon & Koch Inc. bought a new position in Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth approximately $28,000. Moser Wealth Advisors LLC bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the 2nd quarter valued at approximately $33,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter valued at approximately $33,000. Hantz Financial Services Inc. bought a new position in Schwab 5-10 Year Corporate Bond ETF during the second quarter worth $36,000. Finally, Bank of Montreal Can lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 78.4% during the second quarter. Bank of Montreal Can now owns 1,570 shares of the company’s stock worth $36,000 after purchasing an additional 690 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Price Performance

SCHI stock traded down $0.05 during mid-day trading on Friday, hitting $22.97. 3,120,427 shares of the company were exchanged, compared to its average volume of 2,177,521. Schwab 5-10 Year Corporate Bond ETF has a twelve month low of $21.59 and a twelve month high of $23.28. The firm has a fifty day simple moving average of $23.02 and a 200 day simple moving average of $22.95.

About Schwab 5-10 Year Corporate Bond ETF

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.