Short Interest in Schwab US Small-Cap ETF (NYSEARCA:SCHA) Declines By 73.5%

Schwab US Small-Cap ETF (NYSEARCA:SCHA) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 501,452 shares, a decline of 73.5% from the May 31st total of 1,889,144 shares. Based on an average trading volume of 2,046,620 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Schwab US Small-Cap ETF

Institutional investors have recently made changes to their positions in the stock. Morton Brown Family Wealth LLC acquired a new stake in Schwab US Small-Cap ETF in the fourth quarter worth approximately $30,000. Tompkins Financial Corp increased its position in shares of Schwab US Small-Cap ETF by 1,982.7% during the 4th quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after purchasing an additional 1,031 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Schwab US Small-Cap ETF during the 4th quarter valued at $31,000. Angeles Wealth Management LLC raised its stake in shares of Schwab US Small-Cap ETF by 81.8% in the 1st quarter. Angeles Wealth Management LLC now owns 1,109 shares of the company’s stock worth $32,000 after buying an additional 499 shares in the last quarter. Finally, Stephens Consulting LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 3,108.3% in the fourth quarter. Stephens Consulting LLC now owns 1,155 shares of the company’s stock valued at $33,000 after buying an additional 1,119 shares during the period.

Schwab US Small-Cap ETF Price Performance

Shares of SCHA traded down $0.17 during trading hours on Friday, reaching $35.49. 3,161,736 shares of the company’s stock traded hands, compared to its average volume of 2,848,328. The firm has a market capitalization of $24.43 billion, a price-to-earnings ratio of 17.65 and a beta of 1.10. Schwab US Small-Cap ETF has a twelve month low of $24.95 and a twelve month high of $35.80. The business’s fifty day simple moving average is $33.52 and its two-hundred day simple moving average is $31.11.

Schwab US Small-Cap ETF Company Profile

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.