Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Up 71.7% in January

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 509,130 shares, a growth of 71.7% from the December 31st total of 296,527 shares. Based on an average daily trading volume, of 2,083,284 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,083,284 shares, the days-to-cover ratio is presently 0.2 days.

Schwab 5-10 Year Corporate Bond ETF Stock Performance

Shares of Schwab 5-10 Year Corporate Bond ETF stock opened at $23.02 on Monday. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.59 and a 52 week high of $23.28. The business has a 50 day moving average of $23.02 and a 200 day moving average of $22.98.

Schwab 5-10 Year Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 6th. Investors of record on Monday, February 2nd will be given a dividend of $0.1014 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. This is an increase from Schwab 5-10 Year Corporate Bond ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend is Monday, February 2nd.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

A number of hedge funds have recently bought and sold shares of SCHI. Farther Finance Advisors LLC raised its position in shares of Schwab 5-10 Year Corporate Bond ETF by 18.1% during the third quarter. Farther Finance Advisors LLC now owns 3,273 shares of the company’s stock worth $76,000 after purchasing an additional 501 shares during the period. Guardian Financial Partners LLC grew its position in Schwab 5-10 Year Corporate Bond ETF by 5.1% in the 2nd quarter. Guardian Financial Partners LLC now owns 10,535 shares of the company’s stock worth $240,000 after purchasing an additional 507 shares during the last quarter. Avior Wealth Management LLC raised its stake in shares of Schwab 5-10 Year Corporate Bond ETF by 0.7% in the 4th quarter. Avior Wealth Management LLC now owns 74,546 shares of the company’s stock valued at $1,712,000 after buying an additional 527 shares in the last quarter. PFG Investments LLC raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 5.6% in the 4th quarter. PFG Investments LLC now owns 10,110 shares of the company’s stock worth $232,000 after buying an additional 535 shares in the last quarter. Finally, Brookstone Capital Management lifted its holdings in Schwab 5-10 Year Corporate Bond ETF by 2.5% during the 4th quarter. Brookstone Capital Management now owns 22,185 shares of the company’s stock valued at $510,000 after purchasing an additional 537 shares during the last quarter.

Schwab 5-10 Year Corporate Bond ETF Company Profile

The Schwab 5-10 Year Corporate Bond ETF (SCHI) 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 intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.