Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Up 155.5% in August

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 62,308 shares, a growth of 155.5% from the July 30th total of 24,384 shares. Based on an average daily volume of 220,715 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in SCHJ. Hartline Investment Corp grew its position in Schwab 1-5 Year Corporate Bond ETF by 2,999.5% during the fourth quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock worth $14,375,000 after buying an additional 558,665 shares in the last quarter. Waverly Advisors LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 1st quarter worth approximately $4,659,000. SlateStone Wealth LLC lifted its position in shares of Schwab 1-5 Year Corporate Bond ETF by 65.6% in the 4th quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock worth $8,520,000 after acquiring an additional 135,514 shares during the period. Victrix Investment Advisors acquired a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 4th quarter worth approximately $1,788,000. Finally, Yanni & Associates Investment Advisors LLC bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the fourth quarter valued at approximately $1,693,000.

Schwab 1-5 Year Corporate Bond ETF Trading Down 0.2%

Shares of Schwab 1-5 Year Corporate Bond ETF stock opened at $24.50 on Friday. The stock has a 50-day simple moving average of $24.54 and a 200-day simple moving average of $24.67. Schwab 1-5 Year Corporate Bond ETF has a 52-week low of $24.44 and a 52-week high of $25.05.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.