Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 115,213 shares, a growth of 81.9% from the August 15th total of 63,327 shares. Currently, 1.2% of the shares of the stock are short sold. Based on an average trading volume of 149,720 shares, the days-to-cover ratio is currently 0.8 days.

Schwab Ultra-Short Income ETF Stock Performance

Shares of SCUS traded up $0.02 on Wednesday, reaching $25.10. The stock had a trading volume of 29,447 shares, compared to its average volume of 116,432. The firm has a 50-day moving average of $25.14 and a 200 day moving average of $25.16. Schwab Ultra-Short Income ETF has a twelve month low of $25.08 and a twelve month high of $25.33.

Institutional Trading of Schwab Ultra-Short Income ETF

Large investors have recently bought and sold shares of the company. Kaizen Financial Strategies purchased a new position in shares of Schwab Ultra-Short Income ETF in the first quarter valued at $1,993,000. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in shares of Schwab Ultra-Short Income ETF in the 2nd quarter worth about $64,473,000. January Capital Advisors LLC acquired a new stake in Schwab Ultra-Short Income ETF in the 1st quarter valued at about $686,000. Citadel Advisors LLC grew its stake in Schwab Ultra-Short Income ETF by 316.7% in the 2nd quarter. Citadel Advisors LLC now owns 272,901 shares of the company’s stock valued at $6,870,000 after acquiring an additional 207,412 shares during the last quarter. Finally, Mann Financial Group Inc. purchased a new position in Schwab Ultra-Short Income ETF during the 2nd quarter valued at about $227,000.

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.