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

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 12,924 shares, a decline of 81.7% from the January 15th total of 70,784 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 110,747 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 110,747 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Schwab Ultra-Short Income ETF

A number of large investors have recently modified their holdings of SCUS. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Schwab Ultra-Short Income ETF by 4.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,232 shares of the company’s stock worth $383,000 after buying an additional 643 shares in the last quarter. Anfield Capital Management LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the third quarter worth $53,000. Savvy Advisors Inc. grew its position in shares of Schwab Ultra-Short Income ETF by 57.9% in the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock valued at $441,000 after buying an additional 6,418 shares during the last quarter. James Investment Research Inc. acquired a new stake in Schwab Ultra-Short Income ETF during the 4th quarter valued at approximately $296,000. Finally, Kingsview Wealth Management LLC increased its position in shares of Schwab Ultra-Short Income ETF by 23.2% during the second quarter. Kingsview Wealth Management LLC now owns 90,055 shares of the company’s stock worth $2,268,000 after buying an additional 16,943 shares during the period.

Schwab Ultra-Short Income ETF Stock Up 0.1%

SCUS stock traded up $0.02 during midday trading on Wednesday, reaching $25.22. The company had a trading volume of 40,767 shares, compared to its average volume of 144,046. Schwab Ultra-Short Income ETF has a 1-year low of $25.04 and a 1-year high of $27.18. The stock has a 50 day moving average price of $25.20 and a 200-day moving average price of $25.20.

Schwab Ultra-Short Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a $0.0866 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a positive change from Schwab Ultra-Short Income ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Monday, February 2nd.

Schwab Ultra-Short Income ETF Company Profile

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.