Schwab US Small-Cap ETF (NYSEARCA:SCHA – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 501,452 shares, a drop of 73.5% from the May 31st total of 1,889,144 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 2,046,620 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Investment Research Partners LLC lifted its position in Schwab US Small-Cap ETF by 2.7% in the 4th quarter. Investment Research Partners LLC now owns 12,697 shares of the company’s stock valued at $362,000 after acquiring an additional 330 shares in the last quarter. Rossby Financial LCC lifted its holdings in shares of Schwab US Small-Cap ETF by 27.3% in the fourth quarter. Rossby Financial LCC now owns 1,586 shares of the company’s stock valued at $45,000 after purchasing an additional 340 shares in the last quarter. Zhang Financial LLC boosted its position in shares of Schwab US Small-Cap ETF by 1.6% during the fourth quarter. Zhang Financial LLC now owns 22,176 shares of the company’s stock worth $632,000 after buying an additional 359 shares during the period. Geometric Wealth Advisors grew its holdings in shares of Schwab US Small-Cap ETF by 2.2% during the fourth quarter. Geometric Wealth Advisors now owns 16,847 shares of the company’s stock worth $480,000 after buying an additional 365 shares in the last quarter. Finally, CWA Asset Management Group LLC grew its holdings in shares of Schwab US Small-Cap ETF by 1.3% during the fourth quarter. CWA Asset Management Group LLC now owns 30,700 shares of the company’s stock worth $874,000 after buying an additional 381 shares in the last quarter.
Schwab US Small-Cap ETF Trading Down 0.5%
NYSEARCA:SCHA opened at $35.49 on Friday. The stock has a market cap of $24.43 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. The stock has a 50-day moving average price of $33.52 and a two-hundred day moving average price of $31.11. Schwab US Small-Cap ETF has a 1 year low of $24.95 and a 1 year high of $35.80.
Schwab US Small-Cap ETF Company Profile
Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.
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