Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Stock Short Interest Rises 303.8%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 544,207 shares, a growth of 303.8% from the August 31st total of 134,762 shares. Based on an average daily volume of 2,944,149 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Schwab U.S. Large-Cap Value ETF

Large investors have recently bought and sold shares of the company. Ascentis Independent Advisors purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 1st quarter worth approximately $32,000. NI Acquisitions Company LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at approximately $34,000. Strategic Wealth Advisors LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 95.6% in the 1st quarter. Strategic Wealth Advisors LLC now owns 1,526 shares of the company’s stock valued at $46,000 after purchasing an additional 746 shares during the period. Advisortrust Partners LLC bought a new stake in shares of Schwab U.S. Large-Cap Value ETF during the first quarter valued at approximately $58,000. Finally, REAP Financial Group LLC grew its stake in Schwab U.S. Large-Cap Value ETF by 39.1% in the fourth quarter. REAP Financial Group LLC now owns 2,300 shares of the company’s stock worth $68,000 after purchasing an additional 646 shares during the period.

Schwab U.S. Large-Cap Value ETF Stock Up 0.3%

Shares of SCHV traded up $0.12 during trading hours on Friday, reaching $33.80. 2,127,429 shares of the company traded hands, compared to its average volume of 3,863,372. The company’s fifty day moving average price is $34.50 and its two-hundred day moving average price is $33.33. The company has a market capitalization of $15.32 billion, a price-to-earnings ratio of 19.08 and a beta of 0.83. Schwab U.S. Large-Cap Value ETF has a 12 month low of $28.29 and a 12 month high of $35.49.

Schwab U.S. Large-Cap Value ETF Company Profile

Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Value Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as value. The Index is a float-adjusted market capitalization weighted index.