Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Decreases By 58.2%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 134,762 shares, a decrease of 58.2% from the August 15th total of 322,284 shares. Based on an average trading volume of 2,818,196 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Schwab U.S. Large-Cap Value ETF Stock Performance

Schwab U.S. Large-Cap Value ETF stock traded down $0.05 during midday trading on Tuesday, hitting $34.11. 2,571,667 shares of the company’s stock were exchanged, compared to its average volume of 3,923,921. Schwab U.S. Large-Cap Value ETF has a 12 month low of $28.29 and a 12 month high of $35.49. The firm has a 50-day moving average of $34.53 and a two-hundred day moving average of $33.21. The company has a market cap of $15.75 billion, a PE ratio of 19.08 and a beta of 0.83.

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

Several hedge funds have recently modified their holdings of SCHV. Ascentis Independent Advisors purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter valued at approximately $32,000. NI Acquisitions Company LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the second quarter worth $34,000. Strategic Wealth Advisors LLC raised its position in Schwab U.S. Large-Cap Value ETF by 95.6% during the first quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock worth $46,000 after acquiring an additional 746 shares during the period. Advisortrust Partners LLC acquired a new position in Schwab U.S. Large-Cap Value ETF during the first quarter worth $58,000. Finally, REAP Financial Group LLC lifted its holdings in Schwab U.S. Large-Cap Value ETF by 39.1% during the fourth quarter. REAP Financial Group LLC now owns 2,300 shares of the company’s stock valued at $68,000 after purchasing an additional 646 shares in the last quarter.

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.