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

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,945,325 shares, an increase of 67.4% from the May 14th total of 1,162,024 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 3,407,305 shares, the short-interest ratio is presently 0.6 days.

Schwab Intermediate-Term U.S. Treasury ETF Stock Up 0.1%

Shares of NYSEARCA:SCHR traded up $0.03 during midday trading on Tuesday, hitting $24.67. The stock had a trading volume of 2,287,890 shares, compared to its average volume of 2,747,343. The stock has a 50 day moving average price of $24.72 and a two-hundred day moving average price of $24.95. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.42 and a 1 year high of $25.42.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Asset Allocation Strategies LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.8% in the first quarter. Asset Allocation Strategies LLC now owns 11,589 shares of the company’s stock valued at $289,000 after purchasing an additional 419 shares during the period. Captrust Financial Advisors lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% in the second quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock valued at $862,000 after purchasing an additional 438 shares during the period. Note Advisors LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.1% in the third quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock valued at $376,000 after purchasing an additional 450 shares during the period. Integrity Advisory Solutions LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 4.6% in the fourth quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock valued at $260,000 after purchasing an additional 459 shares during the period. Finally, Ashton Thomas Securities LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 9.1% in the fourth quarter. Ashton Thomas Securities LLC now owns 5,634 shares of the company’s stock valued at $141,000 after purchasing an additional 468 shares during the period.

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.