Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Down 71.8% in May

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 52,053 shares, a decline of 71.8% from the May 14th total of 184,635 shares. Based on an average daily trading volume, of 166,037 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Schwab 1-5 Year Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of the business. Mutual Advisors LLC boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 0.9% during the 4th quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock valued at $1,317,000 after acquiring an additional 483 shares during the last quarter. Seek First Inc. increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 1.7% in the fourth quarter. Seek First Inc. now owns 33,676 shares of the company’s stock valued at $839,000 after buying an additional 553 shares during the last quarter. Mayflower Financial Advisors LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 6.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 10,907 shares of the company’s stock worth $272,000 after purchasing an additional 633 shares during the last quarter. Compound Planning Inc. grew its position in shares of Schwab 1-5 Year Corporate Bond ETF by 2.3% during the 1st quarter. Compound Planning Inc. now owns 29,097 shares of the company’s stock valued at $719,000 after buying an additional 661 shares during the last quarter. Finally, Sanctuary Advisors LLC lifted its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 1.0% in the 4th quarter. Sanctuary Advisors LLC now owns 81,332 shares of the company’s stock worth $2,025,000 after purchasing an additional 819 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Performance

Shares of Schwab 1-5 Year Corporate Bond ETF stock traded up $0.07 during midday trading on Thursday, hitting $24.63. The company had a trading volume of 136,255 shares, compared to its average volume of 193,443. Schwab 1-5 Year Corporate Bond ETF has a 12-month low of $24.52 and a 12-month high of $25.05. The company has a fifty day simple moving average of $24.68 and a 200 day simple moving average of $24.81.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.