Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Short Interest Up 237.5% in February

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 1,496,608 shares, an increase of 237.5% from the January 29th total of 443,486 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 2,317,320 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 2,317,320 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Aventura Private Wealth LLC purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth approximately $25,000. Asset Dedication LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter worth approximately $26,000. Wealth Watch Advisors INC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter worth approximately $28,000. Triumph Capital Management purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter valued at approximately $34,000. Finally, GeoWealth Management LLC increased its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after purchasing an additional 1,038 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

Shares of SCHR traded up $0.08 during trading hours on Friday, hitting $25.40. The stock had a trading volume of 1,965,757 shares, compared to its average volume of 2,389,891. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.46 and a fifty-two week high of $25.42. The firm has a 50-day moving average price of $25.11 and a 200 day moving average price of $25.14.

Schwab Intermediate-Term U.S. Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.0876 per share. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.