Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Stock Short Interest Drops 48.1%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 499,177 shares, a decrease of 48.1% from the September 30th total of 961,488 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 3,084,975 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Horizons Wealth Management bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter valued at $28,000. Laurel Wealth Advisors LLC bought a new stake in Schwab U.S. Large-Cap Value ETF during the third quarter valued at about $30,000. Ascentis Independent Advisors bought a new stake in Schwab U.S. Large-Cap Value ETF during the first quarter valued at about $32,000. NI Acquisitions Company LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 2nd quarter valued at about $34,000. Finally, Strategic Wealth Advisors LLC lifted its position in shares of Schwab U.S. Large-Cap Value ETF by 95.6% during the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after buying an additional 746 shares in the last quarter.

Schwab U.S. Large-Cap Value ETF Trading Up 0.2%

SCHV stock traded up $0.07 during trading on Monday, reaching $34.70. The stock had a trading volume of 3,896,783 shares, compared to its average volume of 3,802,642. Schwab U.S. Large-Cap Value ETF has a 52 week low of $28.29 and a 52 week high of $35.49. The stock’s 50 day moving average is $34.21 and its two-hundred day moving average is $33.11. The firm has a market cap of $15.71 billion, a PE ratio of 19.08 and a beta of 0.83.

Schwab U.S. Large-Cap Value ETF Company Profile

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.