Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Shares Shorted: Short Interest Down 67.9% in October

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 372,219 shares, a drop of 67.9% from the September 30th total of 1,158,832 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,029,302 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Waverly Advisors LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 6.0% during the second quarter. Waverly Advisors LLC now owns 842,589 shares of the company’s stock valued at $20,778,000 after purchasing an additional 47,684 shares during the period. Tortoise Investment Management LLC boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 47.8% in the second quarter. Tortoise Investment Management LLC now owns 95,958 shares of the company’s stock valued at $2,366,000 after purchasing an additional 31,016 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 398.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 151,051 shares of the company’s stock valued at $3,725,000 after purchasing an additional 120,720 shares during the last quarter. Leo H. Evart Inc. acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth about $1,224,000. Finally, Noble Wealth Partners LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 2nd quarter worth about $3,153,000.

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

NYSEARCA:SCHR traded up $0.11 during trading hours on Friday, reaching $24.15. The company’s stock had a trading volume of 3,356,152 shares, compared to its average volume of 3,003,693. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42. The stock has a 50 day moving average price of $23.98 and a two-hundred day moving average price of $24.58.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

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.