Short Interest in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Increases By 3,744.0%

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 30,906 shares, a growth of 3,744.0% from the June 30th total of 804 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 100,096 shares, the days-to-cover ratio is presently 0.3 days.

Schwab Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:SCUS traded up $0.01 during mid-day trading on Friday, hitting $25.16. The stock had a trading volume of 168,313 shares, compared to its average volume of 114,500. The company has a 50 day simple moving average of $25.15 and a 200-day simple moving average of $25.18. Schwab Ultra-Short Income ETF has a 52 week low of $25.10 and a 52 week high of $25.33.

Institutional Trading of Schwab Ultra-Short Income ETF

Large investors have recently added to or reduced their stakes in the business. Savvy Advisors Inc. raised its stake in Schwab Ultra-Short Income ETF by 57.9% during the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock valued at $441,000 after acquiring an additional 6,418 shares in the last quarter. James Investment Research Inc. bought a new position in shares of Schwab Ultra-Short Income ETF in the fourth quarter worth $296,000. Goldman Sachs Group Inc. grew its stake in shares of Schwab Ultra-Short Income ETF by 104.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 86,715 shares of the company’s stock worth $2,183,000 after purchasing an additional 44,368 shares in the last quarter. WealthPLAN Partners LLC acquired a new position in shares of Schwab Ultra-Short Income ETF during the fourth quarter valued at $536,000. Finally, Kaizen Financial Strategies acquired a new position in shares of Schwab Ultra-Short Income ETF during the first quarter valued at $1,993,000.

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.