Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) Stock Short Interest Report for October

Schwab Short-Term U.S. Treasury ETF (NYSEARCA:SCHO) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 892,601 shares, a decrease of 48.5% from the September 30th total of 1,731,526 shares. Based on an average trading volume of 4,460,687 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

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

NYSEARCA:SCHO traded up $0.04 on Friday, reaching $24.02. 2,664,025 shares of the stock traded hands, compared to its average volume of 4,074,918. Schwab Short-Term U.S. Treasury ETF has a 1-year low of $23.79 and a 1-year high of $24.46. The company’s 50 day moving average is $23.93 and its 200-day moving average is $24.14.

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

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in shares of Schwab Short-Term U.S. Treasury ETF by 72.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,249,057 shares of the company’s stock valued at $319,832,000 after acquiring an additional 5,577,503 shares during the period. MCF Advisors LLC raised its holdings in shares of Schwab Short-Term U.S. Treasury ETF by 60.8% during the second quarter. MCF Advisors LLC now owns 4,431,584 shares of the company’s stock valued at $106,978,000 after purchasing an additional 1,676,213 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,104,187 shares of the company’s stock worth $99,609,000 after purchasing an additional 227,884 shares in the last quarter. Bangor Savings Bank bought a new position in shares of Schwab Short-Term U.S. Treasury ETF during the 3rd quarter worth about $66,045,000. Finally, Fiduciary Financial Group LLC grew its stake in shares of Schwab Short-Term U.S. Treasury ETF by 5.9% in the 2nd quarter. Fiduciary Financial Group LLC now owns 2,304,888 shares of the company’s stock valued at $55,640,000 after buying an additional 128,147 shares during the period.

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.