Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 357,898 shares, an increase of 142.4% from the April 15th total of 147,654 shares. Based on an average daily trading volume, of 714,472 shares, the days-to-cover ratio is currently 0.5 days. Currently, 1.2% of the shares of the stock are sold short.

Schwab Long-Term U.S. Treasury ETF Trading Down 1.3%

Shares of SCHQ stock traded down $0.40 during mid-day trading on Friday, reaching $30.45. The company’s stock had a trading volume of 250,537 shares, compared to its average volume of 807,491. Schwab Long-Term U.S. Treasury ETF has a 1-year low of $30.24 and a 1-year high of $33.19. The firm’s 50-day moving average is $31.43 and its two-hundred day moving average is $31.87.

Institutional Investors Weigh In On Schwab Long-Term U.S. Treasury ETF

Large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 229.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock worth $25,000 after purchasing an additional 555 shares during the last quarter. Windsor Advisory Group LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 1st quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 4th quarter worth about $45,000. Atlas Capital Advisors Inc. bought a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 4th quarter worth about $51,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 11,843.5% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock worth $89,000 after purchasing an additional 2,724 shares during the last quarter.

About Schwab Long-Term U.S. Treasury ETF

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.