Schwab US Small-Cap ETF (NYSEARCA:SCHA) Short Interest Up 163.0% in August

Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 946,017 shares, a growth of 163.0% from the July 30th total of 359,637 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,702,272 shares, the short-interest ratio is currently 0.6 days.

Schwab US Small-Cap ETF Price Performance

Shares of SCHA stock traded down $0.53 on Friday, reaching $34.24. 2,936,831 shares of the stock were exchanged, compared to its average volume of 2,672,422. Schwab US Small-Cap ETF has a one year low of $26.45 and a one year high of $36.20. The stock has a market cap of $23.57 billion, a PE ratio of 17.65 and a beta of 1.10. The stock has a 50 day moving average price of $34.69 and a 200 day moving average price of $32.67.

Institutional Trading of Schwab US Small-Cap ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Schwab US Small-Cap ETF in the 4th quarter valued at about $31,000. Angeles Wealth Management LLC raised its position in shares of Schwab US Small-Cap ETF by 81.8% during the 1st quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock valued at $32,000 after acquiring an additional 499 shares during the last quarter. Main Street Group LTD bought a new stake in shares of Schwab US Small-Cap ETF during the 1st quarter valued at $33,000. Hilton Head Capital Partners LLC acquired a new position in shares of Schwab US Small-Cap ETF in the 4th quarter valued at $34,000. Finally, Markowski Investments bought a new position in shares of Schwab US Small-Cap ETF in the 2nd quarter worth $34,000.

About Schwab US Small-Cap ETF

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.