Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Significant Decline in Short Interest

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a large decrease in short interest in December. As of December 15th, there was short interest totaling 1,406,977 shares, a decrease of 29.4% from the November 30th total of 1,993,500 shares. Based on an average daily volume of 22,633,549 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 22,633,549 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Schwab US Large-Cap ETF

Institutional investors have recently added to or reduced their stakes in the stock. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth approximately $26,000. Crews Bank & Trust acquired a new position in shares of Schwab US Large-Cap ETF during the second quarter valued at about $26,000. DiNuzzo Private Wealth Inc. increased its holdings in shares of Schwab US Large-Cap ETF by 61.2% during the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock valued at $28,000 after acquiring an additional 415 shares in the last quarter. S.A. Mason LLC acquired a new position in Schwab US Large-Cap ETF during the second quarter worth $29,000. Finally, Moser Wealth Advisors LLC bought a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at about $32,000.

Schwab US Large-Cap ETF Stock Performance

Shares of NYSEARCA SCHX traded down $0.09 during mid-day trading on Monday, reaching $27.16. The company had a trading volume of 10,661,118 shares, compared to its average volume of 13,627,479. The business’s 50-day simple moving average is $26.80 and its 200 day simple moving average is $25.86. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $27.30. The firm has a market cap of $63.07 billion, a price-to-earnings ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.