Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Short Interest Down 70.1% in June

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 520,881 shares, a decrease of 70.1% from the May 31st total of 1,741,107 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 4,059,411 shares, the short-interest ratio is presently 0.1 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC lifted its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 138.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,031 shares of the company’s stock worth $25,000 after buying an additional 599 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of Schwab Short-Term U.S. Treasury ETF in the fourth quarter worth about $26,000. Simplex Trading LLC lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 5,315.0% in the fourth quarter. Simplex Trading LLC now owns 1,083 shares of the company’s stock worth $26,000 after buying an additional 1,063 shares in the last quarter. NBT Bank N A NY boosted its stake in Schwab Short-Term U.S. Treasury ETF by 5,325.0% during the first quarter. NBT Bank N A NY now owns 1,302 shares of the company’s stock valued at $32,000 after buying an additional 1,278 shares during the last quarter. Finally, Physician Wealth Advisors Inc. bought a new position in Schwab Short-Term U.S. Treasury ETF during the first quarter valued at approximately $34,000.

Schwab Short-Term U.S. Treasury ETF Stock Up 0.1%

Shares of SCHO traded up $0.02 during trading hours on Friday, reaching $24.15. 2,693,685 shares of the stock traded hands, compared to its average volume of 3,699,038. The company’s 50-day moving average price is $24.16 and its two-hundred day moving average price is $24.27. Schwab Short-Term U.S. Treasury ETF has a 52-week low of $24.06 and a 52-week high of $24.46.

About Schwab Short-Term U.S. Treasury ETF

The Schwab Short-Term U.S. Treasury ETF (SCHO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of debt issued by the US Treasury, excluding STRIPS, with remaining maturity of 1-3 years. SCHO was launched on Aug 5, 2010 and is managed by Charles Schwab.