Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Update

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 389,991 shares, an increase of 80.2% from the November 30th total of 216,362 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,731,160 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 1,731,160 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Several hedge funds have recently made changes to their positions in SCHI. Steigerwald Gordon & Koch Inc. bought a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the 3rd quarter worth $28,000. Moser Wealth Advisors LLC purchased a new stake in Schwab 5-10 Year Corporate Bond ETF during the second quarter valued at about $33,000. Cullen Frost Bankers Inc. purchased a new stake in Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at about $33,000. Hantz Financial Services Inc. bought a new stake in shares of Schwab 5-10 Year Corporate Bond ETF in the second quarter valued at approximately $36,000. Finally, Bank of Montreal Can raised its holdings in Schwab 5-10 Year Corporate Bond ETF by 78.4% during the 2nd quarter. Bank of Montreal Can now owns 1,570 shares of the company’s stock valued at $36,000 after acquiring an additional 690 shares during the period.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.1%

Shares of Schwab 5-10 Year Corporate Bond ETF stock traded up $0.03 on Monday, reaching $23.06. 1,425,184 shares of the company traded hands, compared to its average volume of 1,334,423. The company has a 50 day moving average of $23.05 and a 200 day moving average of $22.90. Schwab 5-10 Year Corporate Bond ETF has a 52 week low of $21.59 and a 52 week high of $23.28.

Schwab 5-10 Year Corporate Bond ETF Company Profile

The Schwab 5-10 Year Corporate Bond ETF (SCHI) 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 intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.