Short Interest in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Decreases By 69.8%

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 5,095 shares, a decrease of 69.8% from the May 31st total of 16,886 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 135,683 shares, the days-to-cover ratio is presently 0.0 days.

Schwab Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA SCUS traded up $0.01 during mid-day trading on Friday, reaching $25.19. The company had a trading volume of 92,951 shares, compared to its average volume of 116,360. Schwab Ultra-Short Income ETF has a one year low of $25.09 and a one year high of $25.33. The business’s 50-day simple moving average is $25.17 and its 200 day simple moving average is $25.19.

Institutional Trading of Schwab Ultra-Short Income ETF

Large investors have recently made changes to their positions in the company. Kaizen Financial Strategies acquired a new position in Schwab Ultra-Short Income ETF during the first quarter valued at approximately $1,993,000. Goldman Sachs Group Inc. boosted its holdings in shares of Schwab Ultra-Short Income ETF by 104.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 86,715 shares of the company’s stock valued at $2,183,000 after acquiring an additional 44,368 shares in the last quarter. January Capital Advisors LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF during the 1st quarter valued at $686,000. WealthPLAN Partners LLC bought a new stake in Schwab Ultra-Short Income ETF during the 4th quarter worth $536,000. Finally, James Investment Research Inc. acquired a new position in Schwab Ultra-Short Income ETF in the 4th quarter worth about $296,000.

Schwab Ultra-Short Income ETF Company Profile

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.