Short Interest in Schwab Government Money Market ETF (NYSEARCA:SGVT) Decreases By 38.9%

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 70,193 shares, a decrease of 38.9% from the July 15th total of 114,843 shares. Based on an average daily volume of 255,155 shares, the short-interest ratio is currently 0.3 days. Currently, 0.8% of the company’s shares are sold short.

Schwab Government Money Market ETF Trading Up 0.0%

SGVT opened at $100.66 on Thursday. The firm’s fifty day moving average is $100.63 and its two-hundred day moving average is $100.61. Schwab Government Money Market ETF has a twelve month low of $100.30 and a twelve month high of $100.79.

Institutional Trading of Schwab Government Money Market ETF

Hedge funds have recently added to or reduced their stakes in the business. North Berkeley Wealth Management LLC acquired a new position in Schwab Government Money Market ETF in the fourth quarter valued at about $22,568,000. Uptick Partners LLC grew its position in shares of Schwab Government Money Market ETF by 408.9% in the 4th quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock valued at $14,524,000 after purchasing an additional 116,138 shares during the period. Jane Street Group LLC acquired a new position in shares of Schwab Government Money Market ETF in the 4th quarter valued at approximately $10,156,000. Savant Capital LLC increased its stake in Schwab Government Money Market ETF by 181.6% during the 4th quarter. Savant Capital LLC now owns 95,081 shares of the company’s stock worth $9,554,000 after purchasing an additional 61,315 shares in the last quarter. Finally, Addison Capital Co acquired a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $9,149,000.

Schwab Government Money Market ETF Company Profile

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.