Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Update

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 302,607 shares, a drop of 40.3% from the December 15th total of 507,244 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 3,274,778 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 3,274,778 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Schwab U.S. Large-Cap Value ETF Stock Performance

NYSEARCA:SCHV traded up $0.03 during trading hours on Friday, hitting $30.96. The company’s stock had a trading volume of 3,177,105 shares, compared to its average volume of 3,239,355. The business’s 50-day moving average is $29.65 and its two-hundred day moving average is $28.97. The company has a market capitalization of $14.86 billion, a PE ratio of 19.08 and a beta of 0.90. Schwab U.S. Large-Cap Value ETF has a 52-week low of $23.08 and a 52-week high of $31.02.

Institutional Trading of Schwab U.S. Large-Cap Value ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Abound Wealth Management increased its holdings in Schwab U.S. Large-Cap Value ETF by 993.1% in the second quarter. Abound Wealth Management now owns 951 shares of the company’s stock valued at $26,000 after buying an additional 864 shares in the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF in the 3rd quarter worth approximately $26,000. Keener Financial Planning LLC purchased a new position in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at approximately $34,000. Total Investment Management Inc. acquired a new position in Schwab U.S. Large-Cap Value ETF during the second quarter worth $41,000. Finally, REAP Financial Group LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth $48,000.

About Schwab U.S. Large-Cap Value ETF

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.