Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM – Get Free Report) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 322,604 shares, a drop of 52.8% from the June 15th total of 683,048 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 985,206 shares, the days-to-cover ratio is presently 0.3 days.
Schwab U.S. Mid-Cap ETF Stock Performance
Shares of Schwab U.S. Mid-Cap ETF stock traded down $0.19 during trading hours on Thursday, hitting $35.19. The company’s stock had a trading volume of 1,005,072 shares, compared to its average volume of 1,303,378. Schwab U.S. Mid-Cap ETF has a twelve month low of $27.76 and a twelve month high of $36.90. The firm has a fifty day moving average of $35.37 and a 200-day moving average of $33.24. The stock has a market cap of $14.65 billion, a price-to-earnings ratio of 18.83 and a beta of 1.03.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Evergreen Advisors LLC acquired a new stake in shares of Schwab U.S. Mid-Cap ETF during the first quarter valued at about $29,000. Godsey & Gibb Inc. acquired a new position in shares of Schwab U.S. Mid-Cap ETF in the 1st quarter worth approximately $29,000. Kingdom Financial Group LLC. purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $31,000. Ransom Advisory Ltd purchased a new position in shares of Schwab U.S. Mid-Cap ETF during the 4th quarter worth approximately $32,000. Finally, Archer Investment Corp increased its holdings in Schwab U.S. Mid-Cap ETF by 266.9% in the 1st quarter. Archer Investment Corp now owns 1,075 shares of the company’s stock valued at $33,000 after purchasing an additional 782 shares during the last quarter.
Schwab U.S. Mid-Cap ETF Company Profile
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.
Featured Stories
- Five stocks we like better than Schwab U.S. Mid-Cap ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Schwab U.S. Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
