Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Short Interest Up 35.4% in December

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 3,019,710 shares, a growth of 35.4% from the November 30th total of 2,230,512 shares. Based on an average daily trading volume, of 10,646,297 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 10,646,297 shares, the short-interest ratio is presently 0.3 days.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Schwab U.S. Large-Cap Growth ETF stock traded down $0.26 during midday trading on Thursday, reaching $32.62. The stock had a trading volume of 7,657,919 shares, compared to its average volume of 10,922,457. The stock’s 50-day simple moving average is $32.68 and its 200 day simple moving average is $31.26. Schwab U.S. Large-Cap Growth ETF has a twelve month low of $21.37 and a twelve month high of $33.74. The stock has a market capitalization of $53.00 billion, a PE ratio of 34.24 and a beta of 1.15.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SCHG. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 300.3% during the 4th quarter. Brighton Jones LLC now owns 12,182 shares of the company’s stock valued at $340,000 after acquiring an additional 9,139 shares in the last quarter. Revolve Wealth Partners LLC raised its position in Schwab U.S. Large-Cap Growth ETF by 294.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 481,364 shares of the company’s stock valued at $13,416,000 after purchasing an additional 359,429 shares during the period. Comerica Bank lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 9.2% during the first quarter. Comerica Bank now owns 54,312 shares of the company’s stock worth $1,360,000 after purchasing an additional 4,575 shares in the last quarter. Baird Financial Group Inc. lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 228.3% during the first quarter. Baird Financial Group Inc. now owns 101,717 shares of the company’s stock worth $2,547,000 after purchasing an additional 70,737 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in shares of Schwab U.S. Large-Cap Growth ETF by 0.4% in the first quarter. Royal Bank of Canada now owns 2,775,383 shares of the company’s stock worth $69,496,000 after buying an additional 9,989 shares during the period.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.