Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Sees Large Increase in Short Interest

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,221,624 shares, a growth of 30.6% from the December 31st total of 935,524 shares. Based on an average trading volume of 2,393,558 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 2,393,558 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Aventura Private Wealth LLC bought a new position in Schwab Intermediate-Term U.S. Treasury ETF during the fourth quarter worth about $25,000. Asset Dedication LLC bought a new stake in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at $26,000. Wealth Watch Advisors INC acquired a new position in Schwab Intermediate-Term U.S. Treasury ETF in the third quarter valued at about $28,000. Triumph Capital Management acquired a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF during the third quarter worth approximately $34,000. Finally, GeoWealth Management LLC boosted its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 335.9% in the 3rd quarter. GeoWealth Management LLC now owns 1,347 shares of the company’s stock worth $34,000 after acquiring an additional 1,038 shares in the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

Shares of SCHR traded up $0.02 on Tuesday, reaching $24.96. 2,306,414 shares of the stock traded hands, compared to its average volume of 2,458,254. The stock’s 50-day moving average price is $25.10 and its 200-day moving average price is $25.10. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $24.19 and a 12 month high of $25.35.

Schwab Intermediate-Term U.S. Treasury ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be paid a $0.0876 dividend. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a positive change from Schwab Intermediate-Term U.S. Treasury ETF’s previous monthly dividend of $0.07.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.