Schwab US Dividend Equity ETF (NYSEARCA:SCHD) Short Interest Up 22.4% in February

Schwab US Dividend Equity ETF (NYSEARCA:SCHD) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 5,347,724 shares, a growth of 22.4% from the January 29th total of 4,370,714 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 26,696,529 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 26,696,529 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Trading of Schwab US Dividend Equity ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Mountain Hill Investment Partners Corp. raised its stake in Schwab US Dividend Equity ETF by 1,241.8% in the fourth quarter. Mountain Hill Investment Partners Corp. now owns 899 shares of the company’s stock valued at $25,000 after buying an additional 832 shares during the period. Merrithew & Thorsten Inc acquired a new position in Schwab US Dividend Equity ETF during the fourth quarter valued at approximately $25,000. Biltmore Family Office LLC grew its holdings in shares of Schwab US Dividend Equity ETF by 116.4% during the 3rd quarter. Biltmore Family Office LLC now owns 974 shares of the company’s stock valued at $27,000 after purchasing an additional 524 shares during the last quarter. Field & Main Bank acquired a new position in Schwab US Dividend Equity ETF in the 4th quarter worth about $29,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at $29,000.

Schwab US Dividend Equity ETF Stock Performance

Shares of Schwab US Dividend Equity ETF stock opened at $31.54 on Thursday. The stock has a market capitalization of $82.96 billion, a price-to-earnings ratio of 14.57 and a beta of 0.77. Schwab US Dividend Equity ETF has a 52 week low of $23.87 and a 52 week high of $31.95. The firm has a fifty day moving average of $29.84 and a two-hundred day moving average of $28.18.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.