Short Interest in Schwab US Large-Cap ETF (NYSEARCA:SCHX) Rises By 106.1%

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,926,684 shares, an increase of 106.1% from the July 15th total of 1,905,478 shares. Based on an average daily trading volume, of 8,614,134 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab US Large-Cap ETF

A number of institutional investors and hedge funds have recently made changes to their positions in SCHX. IFC & Insurance Marketing Inc. purchased a new stake in Schwab US Large-Cap ETF during the fourth quarter worth about $25,000. Trust Co. of Vermont acquired a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of Schwab US Large-Cap ETF during the 3rd quarter worth approximately $26,000. Tidemark LLC boosted its stake in shares of Schwab US Large-Cap ETF by 474.3% during the 4th quarter. Tidemark LLC now owns 1,275 shares of the company’s stock worth $34,000 after acquiring an additional 1,053 shares in the last quarter. Finally, Signature Resources Capital Management LLC grew its holdings in shares of Schwab US Large-Cap ETF by 510.5% in the 1st quarter. Signature Resources Capital Management LLC now owns 1,337 shares of the company’s stock worth $34,000 after acquiring an additional 1,118 shares during the period.

Schwab US Large-Cap ETF Stock Down 0.2%

SCHX stock traded down $0.07 on Friday, reaching $30.64. 5,243,203 shares of the company’s stock were exchanged, compared to its average volume of 17,302,279. The stock has a fifty day moving average of $29.53 and a 200-day moving average of $28.21. The firm has a market cap of $74.75 billion, a PE ratio of 25.66 and a beta of 1.00. Schwab US Large-Cap ETF has a twelve month low of $24.81 and a twelve month high of $30.77.

About Schwab US Large-Cap ETF

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.