Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Short Interest Down 38.8% in August

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 961,599 shares, a decrease of 38.8% from the July 30th total of 1,570,145 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 2,321,733 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SCHR. Hamilton Point Investment Advisors LLC acquired a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the first quarter valued at $27,000. Wealth Watch Advisors INC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at about $28,000. GeoWealth Management LLC grew its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the third quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock valued at $34,000 after purchasing an additional 1,038 shares in the last quarter. NBT Bank N A NY grew its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 5,316.0% in the 1st quarter. NBT Bank N A NY now owns 1,354 shares of the company’s stock valued at $34,000 after buying an additional 1,329 shares in the last quarter. Finally, Triumph Capital Management purchased a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $34,000.

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

SCHR opened at $24.35 on Monday. The firm has a 50 day moving average of $24.49 and a two-hundred day moving average of $24.73. Schwab Intermediate-Term U.S. Treasury ETF has a 12-month low of $24.33 and a 12-month high of $25.42.

About Schwab Intermediate-Term U.S. Treasury ETF

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.