Schwab US Broad Market ETF (NYSEARCA:SCHB) Short Interest Update

Schwab US Broad Market ETF (NYSEARCA:SCHB) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 1,874,723 shares, a decrease of 39.4% from the December 15th total of 3,093,492 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 7,128,656 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 7,128,656 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Schwab US Broad Market ETF Stock Down 0.0%

Shares of NYSEARCA:SCHB traded down $0.01 during trading on Friday, reaching $26.74. 6,580,245 shares of the company traded hands, compared to its average volume of 7,111,504. The firm has a fifty day simple moving average of $26.23 and a 200 day simple moving average of $25.48. Schwab US Broad Market ETF has a 1-year low of $18.52 and a 1-year high of $26.89. The firm has a market cap of $38.91 billion, a P/E ratio of 25.08 and a beta of 1.02.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. GeoWealth Management LLC boosted its stake in Schwab US Broad Market ETF by 0.4% in the 3rd quarter. GeoWealth Management LLC now owns 100,043 shares of the company’s stock valued at $2,572,000 after buying an additional 388 shares in the last quarter. Occidental Asset Management LLC increased its stake in Schwab US Broad Market ETF by 4.2% in the fourth quarter. Occidental Asset Management LLC now owns 9,880 shares of the company’s stock valued at $259,000 after purchasing an additional 400 shares in the last quarter. ARS Wealth Advisors Group LLC raised its position in shares of Schwab US Broad Market ETF by 4.3% during the third quarter. ARS Wealth Advisors Group LLC now owns 9,779 shares of the company’s stock worth $251,000 after purchasing an additional 405 shares during the period. Blue Trust Inc. lifted its position in Schwab US Broad Market ETF by 1.9% in the 3rd quarter. Blue Trust Inc. now owns 22,375 shares of the company’s stock valued at $575,000 after acquiring an additional 414 shares in the last quarter. Finally, Summit Place Financial Advisors LLC raised its position in Schwab US Broad Market ETF by 1.1% in the 3rd quarter. Summit Place Financial Advisors LLC now owns 40,789 shares of the company’s stock valued at $1,049,000 after buying an additional 425 shares during the last quarter.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.