Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Short Interest Up 377.1% in June

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,085,361 shares, an increase of 377.1% from the June 15th total of 227,501 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 3,376,261 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHV. JPL Wealth Management LLC acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $26,000. Laurel Wealth Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at approximately $27,000. Ascentis Independent Advisors acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 1st quarter valued at approximately $32,000. IFC & Insurance Marketing Inc. bought a new position in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth approximately $38,000. Finally, Strategic Wealth Advisors LLC increased its position in Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after buying an additional 746 shares during the period.

Schwab U.S. Large-Cap Value ETF Trading Down 0.5%

NYSEARCA:SCHV opened at $34.22 on Tuesday. The firm has a market capitalization of $15.69 billion, a PE ratio of 19.08 and a beta of 0.82. Schwab U.S. Large-Cap Value ETF has a 1 year low of $27.39 and a 1 year high of $35.05. The firm’s fifty day simple moving average is $33.80 and its 200 day simple moving average is $32.10.

About Schwab U.S. Large-Cap Value ETF

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.