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

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 16,669 shares, a growth of 29.0% from the January 29th total of 12,924 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 101,495 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 101,495 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Schwab Ultra-Short Income ETF Trading Down 0.0%

Shares of NYSEARCA SCUS opened at $25.18 on Thursday. The company’s 50-day simple moving average is $25.22 and its 200-day simple moving average is $25.21. Schwab Ultra-Short Income ETF has a 52-week low of $25.04 and a 52-week high of $27.18.

Schwab Ultra-Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 6th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.078 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SCUS. Kingsview Wealth Management LLC boosted its holdings in shares of Schwab Ultra-Short Income ETF by 23.2% during the 2nd quarter. Kingsview Wealth Management LLC now owns 90,055 shares of the company’s stock worth $2,268,000 after purchasing an additional 16,943 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new position in Schwab Ultra-Short Income ETF during the third quarter worth $2,103,000. Wealth Enhancement Advisory Services LLC grew its holdings in Schwab Ultra-Short Income ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,232 shares of the company’s stock valued at $383,000 after buying an additional 643 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Schwab Ultra-Short Income ETF in the 3rd quarter worth $280,000. Finally, Anfield Capital Management LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF in the 3rd quarter worth $53,000.

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.