Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) Short Interest Update

Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 451,771 shares, a decline of 40.1% from the November 30th total of 753,764 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,364,884 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 1,364,884 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Schwab U.S. Mid-Cap ETF Stock Performance

NYSEARCA:SCHM traded down $0.03 during mid-day trading on Friday, reaching $30.65. The stock had a trading volume of 675,583 shares, compared to its average volume of 1,264,813. Schwab U.S. Mid-Cap ETF has a twelve month low of $22.41 and a twelve month high of $30.91. The business has a 50 day simple moving average of $29.83 and a 200 day simple moving average of $29.26. The firm has a market capitalization of $12.45 billion, a price-to-earnings ratio of 18.83 and a beta of 1.08.

Institutional Trading of Schwab U.S. Mid-Cap ETF

Institutional investors have recently bought and sold shares of the company. Denver PWM LLC lifted its stake in Schwab U.S. Mid-Cap ETF by 4.9% during the 2nd quarter. Denver PWM LLC now owns 650,802 shares of the company’s stock worth $18,255,000 after acquiring an additional 30,453 shares in the last quarter. Diversified Trust Co acquired a new position in Schwab U.S. Mid-Cap ETF in the 2nd quarter valued at about $265,000. Y Intercept Hong Kong Ltd purchased a new stake in Schwab U.S. Mid-Cap ETF during the second quarter worth about $478,000. Signature Estate & Investment Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 2.1% during the second quarter. Signature Estate & Investment Advisors LLC now owns 61,525 shares of the company’s stock worth $1,726,000 after purchasing an additional 1,292 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 97,709.5% in the second quarter. Franklin Resources Inc. now owns 102,700 shares of the company’s stock valued at $2,881,000 after purchasing an additional 102,595 shares during the period.

About Schwab U.S. Mid-Cap ETF

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.