Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Short Interest Report for October

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 989,395 shares, an increase of 165.8% from the October 15th total of 372,219 shares. Based on an average trading volume of 3,538,049 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors have recently made changes to their positions in SCHR. Envestnet Asset Management Inc. boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 103.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock worth $233,514,000 after purchasing an additional 4,821,340 shares in the last quarter. Avidian Wealth Enterprises LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 3rd quarter worth approximately $59,923,000. Financial Life Advisors bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the 2nd quarter worth approximately $36,389,000. Bank of America Corp DE boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after buying an additional 1,016,874 shares in the last quarter. Finally, Waverly Advisors LLC boosted its stake in Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% in the first quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock worth $19,801,000 after buying an additional 736,844 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

Shares of SCHR traded up $0.01 during trading hours on Friday, reaching $23.84. 3,347,826 shares of the company’s stock traded hands, compared to its average volume of 3,019,254. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The firm’s 50 day simple moving average is $23.92 and its 200-day simple moving average is $24.53.

About Schwab Intermediate-Term U.S. Treasury ETF

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.