Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 804 shares, a decrease of 84.2% from the June 15th total of 5,095 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 135,167 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Schwab Ultra-Short Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. James Investment Research Inc. purchased a new stake in Schwab Ultra-Short Income ETF during the 4th quarter worth $296,000. Savvy Advisors Inc. boosted its position in Schwab Ultra-Short Income ETF by 57.9% in the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock valued at $441,000 after buying an additional 6,418 shares during the last quarter. WealthPLAN Partners LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF during the fourth quarter valued at about $536,000. Waverly Advisors LLC grew its stake in shares of Schwab Ultra-Short Income ETF by 13.2% during the first quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after acquiring an additional 3,079 shares in the last quarter. Finally, January Capital Advisors LLC purchased a new stake in shares of Schwab Ultra-Short Income ETF during the first quarter worth about $686,000.

Schwab Ultra-Short Income ETF Stock Down 0.0%

NYSEARCA:SCUS traded down $0.01 during trading hours on Friday, hitting $25.12. The stock had a trading volume of 59,064 shares, compared to its average volume of 115,154. The business has a 50 day simple moving average of $25.16 and a two-hundred day simple moving average of $25.18. Schwab Ultra-Short Income ETF has a 1-year low of $25.10 and a 1-year high of $25.33.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.