Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Shares Shorted: Short Interest Up 56.8% in September

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 201,225 shares, an increase of 56.8% from the September 15th total of 128,308 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 2,210,665 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Schwab Long-Term U.S. Treasury ETF

A number of large investors have recently made changes to their positions in SCHQ. Tidal Investments LLC boosted its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 106.3% in the second quarter. Tidal Investments LLC now owns 1,394,729 shares of the company’s stock worth $43,446,000 after acquiring an additional 718,572 shares during the period. Carolina Wealth Advisors LLC grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 2.7% in the second quarter. Carolina Wealth Advisors LLC now owns 579,543 shares of the company’s stock valued at $18,140,000 after purchasing an additional 15,277 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 102.5% during the 1st quarter. Bank of New York Mellon Corp now owns 285,707 shares of the company’s stock valued at $8,980,000 after purchasing an additional 144,641 shares during the period. Attessa Capital LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 0.3% during the 3rd quarter. Attessa Capital LLC now owns 133,022 shares of the company’s stock valued at $3,786,000 after purchasing an additional 372 shares during the period. Finally, Fermata Advisors LLC raised its stake in shares of Schwab Long-Term U.S. Treasury ETF by 87.3% during the 2nd quarter. Fermata Advisors LLC now owns 98,434 shares of the company’s stock valued at $3,081,000 after purchasing an additional 45,869 shares during the period.

Schwab Long-Term U.S. Treasury ETF Stock Up 0.3%

Schwab Long-Term U.S. Treasury ETF stock traded up $0.09 during mid-day trading on Friday, reaching $29.23. The company’s stock had a trading volume of 105,084 shares, compared to its average volume of 903,528. Schwab Long-Term U.S. Treasury ETF has a 12-month low of $27.99 and a 12-month high of $33.19. The firm’s fifty day moving average price is $29.45 and its two-hundred day moving average price is $30.43.

About Schwab Long-Term U.S. Treasury ETF

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.