Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Up 377.1% in June

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 1,085,361 shares, an increase of 377.1% from the June 15th total of 227,501 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 3,376,261 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in SCHV. JPL Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter valued at about $26,000. Laurel Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $27,000. Ascentis Independent Advisors acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the first quarter valued at about $32,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the fourth quarter valued at about $38,000. Finally, Strategic Wealth Advisors LLC raised its position in shares of Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after purchasing an additional 746 shares during the last quarter.

Schwab U.S. Large-Cap Value ETF Price Performance

NYSEARCA SCHV traded up $0.07 on Friday, hitting $34.39. The stock had a trading volume of 1,920,876 shares, compared to its average volume of 4,171,099. The business’s fifty day moving average price is $33.76 and its 200 day moving average price is $32.05. The stock has a market cap of $15.77 billion, a price-to-earnings ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 52-week low of $27.39 and a 52-week high of $35.05.

About Schwab U.S. Large-Cap Value ETF

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.