Schwab US Small-Cap ETF (NYSEARCA:SCHA) Stock Short Interest Climbs 86.4%

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,254,228 shares, an increase of 86.4% from the September 15th total of 1,209,257 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 4,280,050 shares, the short-interest ratio is presently 0.5 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Triangle Securities Wealth Management purchased a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter worth approximately $3,508,000. Mather Group LLC. bought a new position in shares of Schwab US Small-Cap ETF during the third quarter valued at approximately $7,851,000. Cliftonlarsonallen Wealth Advisors LLC bought a new position in shares of Schwab US Small-Cap ETF during the third quarter valued at approximately $29,526,000. Meridian Investment Counsel Inc. bought a new position in Schwab US Small-Cap ETF in the third quarter worth approximately $212,000. Finally, Tempus Wealth Planning LLC raised its stake in Schwab US Small-Cap ETF by 10.7% in the third quarter. Tempus Wealth Planning LLC now owns 49,472 shares of the company’s stock worth $1,614,000 after buying an additional 4,773 shares in the last quarter.

Schwab US Small-Cap ETF Trading Down 1.8%

NYSEARCA:SCHA opened at $31.99 on Thursday. Schwab US Small-Cap ETF has a twelve month low of $26.45 and a twelve month high of $36.20. The company has a market cap of $22.03 billion, a price-to-earnings ratio of 17.65 and a beta of 1.11. The stock has a fifty day simple moving average of $33.86 and a 200-day simple moving average of $33.48.

Schwab US Small-Cap ETF Company Profile

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.