Schwab US Small-Cap ETF (NYSEARCA:SCHA) Short Interest Update

Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 972,835 shares, a growth of 91.6% from the December 15th total of 507,773 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,799,667 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 3,799,667 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of SCHA. Verdence Capital Advisors LLC bought a new position in Schwab US Small-Cap ETF in the 2nd quarter valued at approximately $203,000. Courage Miller Partners LLC increased its position in Schwab US Small-Cap ETF by 9.0% in the 2nd quarter. Courage Miller Partners LLC now owns 378,178 shares of the company’s stock valued at $9,568,000 after acquiring an additional 31,098 shares during the period. Flow Traders U.S. LLC acquired a new position in Schwab US Small-Cap ETF in the 2nd quarter valued at approximately $2,194,000. D.A. Davidson & CO. raised its stake in shares of Schwab US Small-Cap ETF by 8.7% during the second quarter. D.A. Davidson & CO. now owns 10,966 shares of the company’s stock valued at $277,000 after acquiring an additional 876 shares during the last quarter. Finally, Kavar Capital Partners Group LLC raised its stake in shares of Schwab US Small-Cap ETF by 7.3% during the third quarter. Kavar Capital Partners Group LLC now owns 262,115 shares of the company’s stock valued at $7,313,000 after acquiring an additional 17,932 shares during the last quarter.

Schwab US Small-Cap ETF Stock Performance

Shares of NYSEARCA SCHA traded up $0.34 during trading hours on Thursday, hitting $30.63. 2,259,596 shares of the stock were exchanged, compared to its average volume of 3,364,626. The company’s fifty day simple moving average is $28.63 and its two-hundred day simple moving average is $27.63. The company has a market cap of $21.09 billion, a PE ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a 1-year low of $20.04 and a 1-year high of $30.73.

About Schwab US Small-Cap ETF

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 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. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.