Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Update

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 150,087 shares, a growth of 188.3% from the May 31st total of 52,053 shares. Based on an average daily trading volume, of 182,106 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Hartline Investment Corp raised its stake in shares of Schwab 1-5 Year Corporate Bond ETF by 10.9% in the 1st quarter. Hartline Investment Corp now owns 640,325 shares of the company’s stock valued at $15,832,000 after purchasing an additional 63,035 shares in the last quarter. Columbus Macro LLC grew its stake in Schwab 1-5 Year Corporate Bond ETF by 2.9% in the fourth quarter. Columbus Macro LLC now owns 446,316 shares of the company’s stock worth $11,113,000 after purchasing an additional 12,767 shares in the last quarter. White Wing Wealth Management grew its stake in Schwab 1-5 Year Corporate Bond ETF by 23.7% in the fourth quarter. White Wing Wealth Management now owns 426,746 shares of the company’s stock worth $10,626,000 after purchasing an additional 81,743 shares in the last quarter. Cetera Investment Advisers increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 388,794 shares of the company’s stock valued at $9,613,000 after buying an additional 2,629 shares during the last quarter. Finally, SlateStone Wealth LLC increased its holdings in 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 buying an additional 135,514 shares during the last quarter.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.2%

Shares of NYSEARCA:SCHJ traded up $0.04 during midday trading on Friday, reaching $24.69. The company had a trading volume of 233,612 shares, compared to its average volume of 211,732. The stock’s fifty day moving average price is $24.66 and its 200-day moving average price is $24.79. Schwab 1-5 Year Corporate Bond ETF has a one year low of $24.52 and a one year high of $25.05.

Schwab 1-5 Year Corporate Bond ETF Company Profile

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.