Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Up 291.6% in February

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 19,150 shares, a growth of 291.6% from the January 29th total of 4,890 shares. Based on an average trading volume of 215,630 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 215,630 shares, the days-to-cover ratio is currently 0.1 days.

Schwab Government Money Market ETF Stock Performance

SGVT traded up $0.01 during trading on Thursday, reaching $100.67. The stock had a trading volume of 49,926 shares, compared to its average volume of 230,376. Schwab Government Money Market ETF has a 1-year low of $100.01 and a 1-year high of $100.77. The stock has a 50 day moving average of $100.57 and a two-hundred day moving average of $100.53.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Claris Financial LLC acquired a new stake in Schwab Government Money Market ETF in the 4th quarter valued at about $427,000. Tower Research Capital LLC TRC bought a new stake in shares of Schwab Government Money Market ETF in the 4th quarter worth approximately $7,768,000. Jane Street Group LLC bought a new stake in shares of Schwab Government Money Market ETF in the 4th quarter worth approximately $10,156,000. HRT Financial LP lifted its stake in Schwab Government Money Market ETF by 296.8% during the fourth quarter. HRT Financial LP now owns 9,960 shares of the company’s stock valued at $1,000,000 after purchasing an additional 7,450 shares during the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its holdings in Schwab Government Money Market ETF by 334.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 10,041 shares of the company’s stock worth $1,009,000 after buying an additional 7,728 shares in the last quarter.

About Schwab Government Money Market ETF

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.