Schwab Crypto Thematic ETF (NYSEARCA:STCE) Short Interest Update

Schwab Crypto Thematic ETF (NYSEARCA:STCE) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 21,116 shares, a drop of 46.8% from the January 15th total of 39,719 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 281,794 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 281,794 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the company’s shares are sold short.

Schwab Crypto Thematic ETF Stock Performance

Shares of NYSEARCA STCE traded up $1.99 during mid-day trading on Friday, reaching $58.18. 79,010 shares of the company’s stock were exchanged, compared to its average volume of 214,670. The firm has a market capitalization of $253.08 million, a price-to-earnings ratio of 25.00 and a beta of 2.60. Schwab Crypto Thematic ETF has a 52-week low of $28.07 and a 52-week high of $109.64. The company’s 50-day moving average is $66.10 and its 200-day moving average is $71.06.

Institutional Investors Weigh In On Schwab Crypto Thematic ETF

A number of institutional investors have recently made changes to their positions in the stock. Advisory Services Network LLC acquired a new position in shares of Schwab Crypto Thematic ETF in the 3rd quarter worth approximately $36,000. Spire Wealth Management lifted its stake in Schwab Crypto Thematic ETF by 207.5% during the fourth quarter. Spire Wealth Management now owns 615 shares of the company’s stock worth $37,000 after purchasing an additional 415 shares in the last quarter. Coston McIsaac & Partners purchased a new position in shares of Schwab Crypto Thematic ETF during the third quarter worth $41,000. 4Thought Financial Group Inc. purchased a new position in shares of Schwab Crypto Thematic ETF during the fourth quarter worth $41,000. Finally, Bogart Wealth LLC acquired a new stake in shares of Schwab Crypto Thematic ETF in the fourth quarter valued at $44,000.

About Schwab Crypto Thematic ETF

The Schwab Crypto Thematic ETF (STCE) is an exchange-traded fund that is based on the The Schwab Crypto Thematic index. The fund tracks an index of globally listed companies that enable the cryptocurrency ecosystem. The fund selects and weights companies based on thematic relevance through a proprietary NLP algorithm. STCE was launched on Aug 4, 2022 and is managed by Charles Schwab.