Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 19,244 shares, an increase of 15.4% from the February 12th total of 16,669 shares. Based on an average daily trading volume, of 90,918 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 90,918 shares, the short-interest ratio is currently 0.2 days.

Schwab Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:SCUS traded up $0.01 during midday trading on Tuesday, reaching $25.18. The company had a trading volume of 91,470 shares, compared to its average volume of 124,948. The stock’s fifty day simple moving average is $25.22 and its 200-day simple moving average is $25.21. Schwab Ultra-Short Income ETF has a 12-month low of $25.04 and a 12-month high of $27.18.

Schwab Ultra-Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.078 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Trading of Schwab Ultra-Short Income ETF

Several institutional investors and hedge funds have recently bought and sold shares of SCUS. Anfield Capital Management LLC purchased a new position in Schwab Ultra-Short Income ETF in the 3rd quarter valued at approximately $53,000. Savvy Advisors Inc. purchased a new position in Schwab Ultra-Short Income ETF in the 3rd quarter valued at about $280,000. James Investment Research Inc. purchased a new position in shares of Schwab Ultra-Short Income ETF during the fourth quarter valued at approximately $296,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Schwab Ultra-Short Income ETF by 4.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 15,232 shares of the company’s stock worth $383,000 after purchasing an additional 643 shares during the last quarter. Finally, WealthPLAN Partners LLC acquired a new stake in Schwab Ultra-Short Income ETF in the 4th quarter worth about $536,000.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.