Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Decrease in Short Interest

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,243,836 shares, a decline of 37.0% from the June 15th total of 1,974,483 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 3,671,183 shares, the days-to-cover ratio is presently 0.3 days.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.0%

Shares of NYSEARCA:SCHR traded up $0.01 during trading on Friday, hitting $24.54. The stock had a trading volume of 986,403 shares, compared to its average volume of 2,805,950. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.42 and a 12 month high of $25.42. The firm’s fifty day moving average is $24.59 and its 200 day moving average is $24.87.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Aventura Private Wealth LLC purchased a new position in Schwab Intermediate-Term U.S. Treasury ETF in the 4th quarter worth approximately $25,000. Asset Dedication LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at $26,000. Hamilton Point Investment Advisors LLC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 1st quarter worth $27,000. Wealth Watch Advisors INC bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth $28,000. Finally, Triumph Capital Management bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth $34,000.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.