Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Up 1,347.2% in July

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,284,316 shares, an increase of 1,347.2% from the June 30th total of 88,745 shares. Approximately 3.7% of the company’s shares are sold short. Based on an average daily trading volume, of 408,000 shares, the short-interest ratio is currently 3.1 days.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Hartline Investment Corp grew its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 10.9% in the first quarter. Hartline Investment Corp now owns 640,325 shares of the company’s stock worth $15,832,000 after purchasing an additional 63,035 shares during the last quarter. Columbus Macro LLC raised its holdings in Schwab 1-5 Year Corporate Bond ETF by 2.9% during the 4th quarter. Columbus Macro LLC now owns 446,316 shares of the company’s stock valued at $11,113,000 after buying an additional 12,767 shares during the last quarter. White Wing Wealth Management boosted its position in Schwab 1-5 Year Corporate Bond ETF by 23.7% during the 4th quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock valued at $10,626,000 after buying an additional 81,743 shares during the period. Cetera Investment Advisers grew its holdings in Schwab 1-5 Year Corporate Bond ETF by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 388,794 shares of the company’s stock worth $9,613,000 after acquiring an additional 2,629 shares during the last quarter. Finally, SlateStone Wealth LLC increased its position in shares of Schwab 1-5 Year Corporate Bond ETF by 65.6% in the fourth quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock valued at $8,520,000 after acquiring an additional 135,514 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Trading Up 0.0%

SCHJ stock traded up $0.01 during trading on Friday, hitting $24.48. 191,095 shares of the company traded hands, compared to its average volume of 226,024. Schwab 1-5 Year Corporate Bond ETF has a 1 year low of $24.45 and a 1 year high of $25.05. The company has a 50-day moving average of $24.59 and a 200-day moving average of $24.74.

About Schwab 1-5 Year Corporate Bond ETF

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.