Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Stock Short Interest Report for October

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 8,301 shares, a drop of 81.2% from the October 15th total of 44,120 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 108,828 shares, the short-interest ratio is presently 0.1 days.

Schwab Ultra-Short Income ETF Stock Down 0.0%

SCUS stock traded down $0.01 during trading on Thursday, hitting $25.04. 136,824 shares of the company traded hands, compared to its average volume of 119,200. Schwab Ultra-Short Income ETF has a 1 year low of $25.01 and a 1 year high of $25.33. The stock’s 50-day simple moving average is $25.08 and its 200 day simple moving average is $25.15.

Institutional Investors Weigh In On Schwab Ultra-Short Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Coastwise Capital Group LLC increased its holdings in shares of Schwab Ultra-Short Income ETF by 10.1% during the 3rd quarter. Coastwise Capital Group LLC now owns 22,906 shares of the company’s stock valued at $575,000 after purchasing an additional 2,096 shares in the last quarter. Integrity Advisory Solutions LLC boosted its holdings in Schwab Ultra-Short Income ETF by 47.5% during the third quarter. Integrity Advisory Solutions LLC now owns 132,137 shares of the company’s stock worth $3,318,000 after buying an additional 42,570 shares in the last quarter. James Investment Research Inc. grew its position in Schwab Ultra-Short Income ETF by 3.4% during the third quarter. James Investment Research Inc. now owns 16,844 shares of the company’s stock valued at $423,000 after buying an additional 550 shares during the period. Brookstone Capital Management acquired a new stake in Schwab Ultra-Short Income ETF during the third quarter valued at $253,000. Finally, Grandview Asset Management LLC acquired a new stake in Schwab Ultra-Short Income ETF during the third quarter valued at $363,000.

Schwab Ultra-Short Income ETF Company Profile

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.