Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Short Interest Up 63.9% in March

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 1,761,231 shares, an increase of 63.9% from the February 26th total of 1,074,607 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 2,922,996 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

Large investors have recently added to or reduced their stakes in the stock. Venture Visionary Partners LLC lifted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 0.9% during the third quarter. Venture Visionary Partners LLC now owns 45,897 shares of the company’s stock worth $1,153,000 after purchasing an additional 417 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 1.3% during the 2nd quarter. Captrust Financial Advisors now owns 34,454 shares of the company’s stock valued at $862,000 after buying an additional 438 shares during the period. Note Advisors LLC raised its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.1% during the 3rd quarter. Note Advisors LLC now owns 14,968 shares of the company’s stock valued at $376,000 after buying an additional 450 shares during the period. Integrity Advisory Solutions LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 4.6% during the 4th quarter. Integrity Advisory Solutions LLC now owns 10,383 shares of the company’s stock worth $260,000 after acquiring an additional 459 shares in the last quarter. Finally, Ashton Thomas Securities LLC lifted its position in Schwab Intermediate-Term U.S. Treasury ETF by 9.1% during the 4th quarter. Ashton Thomas Securities LLC now owns 5,634 shares of the company’s stock worth $141,000 after acquiring an additional 468 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Price Performance

SCHR traded up $0.04 during trading on Friday, hitting $24.76. 3,683,214 shares of the company’s stock were exchanged, compared to its average volume of 2,606,599. Schwab Intermediate-Term U.S. Treasury ETF has a 1 year low of $24.46 and a 1 year high of $25.42. The stock has a 50 day moving average price of $25.07 and a 200 day moving average price of $25.13.

Schwab Intermediate-Term U.S. Treasury ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.0746 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, March 2nd.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.