Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Shares Shorted: Short Interest Down 64.7% in September

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 128,308 shares, a decline of 64.7% from the August 31st total of 363,565 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 1,506,410 shares, the days-to-cover ratio is presently 0.1 days.

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

Institutional investors have recently added to or reduced their stakes in the company. Downshift Financial LLC increased its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 2.1% during the first quarter. Downshift Financial LLC now owns 21,048 shares of the company’s stock valued at $658,000 after acquiring an additional 434 shares in the last quarter. Windsor Advisory Group LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 1st quarter valued at $28,000. Wealthgarden F.S. LLC raised its holdings in Schwab Long-Term U.S. Treasury ETF by 12.9% during the fourth quarter. Wealthgarden F.S. LLC now owns 8,128 shares of the company’s stock worth $260,000 after buying an additional 930 shares during the last quarter. Dogwood Wealth Management LLC lifted its stake in shares of Schwab Long-Term U.S. Treasury ETF by 1,049.7% in the second quarter. Dogwood Wealth Management LLC now owns 1,920 shares of the company’s stock valued at $60,000 after buying an additional 1,753 shares in the last quarter. Finally, SouthState Bank Corp bought a new position in shares of Schwab Long-Term U.S. Treasury ETF in the first quarter valued at $94,000.

Schwab Long-Term U.S. Treasury ETF Stock Down 0.4%

NYSEARCA SCHQ traded down $0.13 during trading on Tuesday, hitting $28.56. The company had a trading volume of 1,595,076 shares, compared to its average volume of 862,531. The company’s fifty day moving average is $29.89 and its 200-day moving average is $30.70. Schwab Long-Term U.S. Treasury ETF has a one year low of $28.44 and a one year high of $33.19.

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

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.