Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Update

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 363,200 shares, an increase of 463.1% from the August 31st total of 64,500 shares. Based on an average daily volume of 1,253,500 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,253,500 shares, the days-to-cover ratio is currently 0.3 days.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.1%

Shares of NYSEARCA:SCHI opened at $23.10 on Friday. Schwab 5-10 Year Corporate Bond ETF has a 12-month low of $21.59 and a 12-month high of $23.25. The business has a fifty day simple moving average of $22.92 and a 200 day simple moving average of $22.56.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 22,184.5% in the 1st quarter. Jane Street Group LLC now owns 7,677,664 shares of the company’s stock worth $172,440,000 after purchasing an additional 7,643,211 shares during the period. Captrust Financial Advisors raised its stake in Schwab 5-10 Year Corporate Bond ETF by 14.4% during the second quarter. Captrust Financial Advisors now owns 7,243,804 shares of the company’s stock worth $164,869,000 after buying an additional 913,432 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Schwab 5-10 Year Corporate Bond ETF by 3.9% in the second quarter. Raymond James Financial Inc. now owns 2,481,036 shares of the company’s stock valued at $56,468,000 after buying an additional 94,129 shares during the period. Bouchey Financial Group Ltd lifted its holdings in Schwab 5-10 Year Corporate Bond ETF by 12.0% in the second quarter. Bouchey Financial Group Ltd now owns 1,268,234 shares of the company’s stock valued at $28,865,000 after buying an additional 135,657 shares during the period. Finally, L2 Asset Management LLC boosted its position in Schwab 5-10 Year Corporate Bond ETF by 2.6% during the second quarter. L2 Asset Management LLC now owns 651,801 shares of the company’s stock valued at $14,835,000 after acquiring an additional 16,586 shares during the last quarter.

About Schwab 5-10 Year Corporate Bond ETF

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.