Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Up 206.0% in May

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,428,366 shares, a growth of 206.0% from the May 14th total of 466,839 shares. Based on an average daily volume of 3,143,497 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are short sold.

Schwab U.S. Large-Cap Value ETF Stock Up 1.0%

Shares of NYSEARCA:SCHV traded up $0.34 during midday trading on Friday, hitting $34.47. The stock had a trading volume of 9,575,928 shares, compared to its average volume of 4,362,731. Schwab U.S. Large-Cap Value ETF has a 12 month low of $27.00 and a 12 month high of $34.56. The business’s 50-day simple moving average is $32.61 and its 200-day simple moving average is $31.35. The company has a market cap of $16.13 billion, a P/E ratio of 19.08 and a beta of 0.83.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHV. Valpey Financial Services LLC grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 2,913.4% in the fourth quarter. Valpey Financial Services LLC now owns 6,251,249 shares of the company’s stock valued at $185,099,000 after buying an additional 6,043,804 shares in the last quarter. Wellington Management Group LLP bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the third quarter valued at $68,742,000. Sei Investments Co. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the third quarter. Sei Investments Co. now owns 44,357,295 shares of the company’s stock valued at $1,291,242,000 after buying an additional 1,295,102 shares in the last quarter. Mather Group LLC. grew its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.0% in the fourth quarter. Mather Group LLC. now owns 35,128,777 shares of the company’s stock valued at $1,040,163,000 after buying an additional 1,023,339 shares in the last quarter. Finally, TSG Advice Partners LLC bought a new position in shares of Schwab U.S. Large-Cap Value ETF in the first quarter valued at $30,871,000.

Schwab U.S. Large-Cap Value ETF Company Profile

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