Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Sees Significant Drop in Short Interest

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) saw a large decrease in short interest in June. As of June 15th, there was short interest totaling 520,881 shares, a decrease of 70.1% from the May 31st total of 1,741,107 shares. Based on an average daily trading volume, of 4,059,411 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Schwab Short-Term U.S. Treasury ETF

Institutional investors have recently bought and sold shares of the company. CIBC Private Wealth Group LLC increased its position in Schwab Short-Term U.S. Treasury ETF by 138.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after purchasing an additional 599 shares during the last quarter. Dorato Capital Management bought a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the 4th quarter valued at approximately $26,000. Simplex Trading LLC increased its holdings in Schwab Short-Term U.S. Treasury ETF by 5,315.0% in the fourth quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after buying an additional 1,063 shares during the last quarter. NBT Bank N A NY increased its holdings in Schwab Short-Term U.S. Treasury ETF by 5,325.0% in the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock worth $32,000 after buying an additional 1,278 shares during the last quarter. Finally, Physician Wealth Advisors Inc. acquired a new position in Schwab Short-Term U.S. Treasury ETF in the first quarter worth approximately $34,000.

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

Schwab Short-Term U.S. Treasury ETF stock opened at $24.16 on Tuesday. The company’s fifty day simple moving average is $24.16 and its 200-day simple moving average is $24.27. Schwab Short-Term U.S. Treasury ETF has a 12 month low of $24.06 and a 12 month high of $24.46.

Schwab Short-Term U.S. Treasury ETF Company Profile

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.