Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Up 63.6% in December

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 517,650 shares, an increase of 63.6% from the November 30th total of 316,338 shares. Based on an average daily trading volume, of 854,573 shares, the short-interest ratio is currently 0.6 days. Approximately 2.0% of the company’s shares are sold short. Approximately 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 854,573 shares, the short-interest ratio is currently 0.6 days.

Hedge Funds Weigh In On Schwab Long-Term U.S. Treasury ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Carolina Wealth Advisors LLC raised its holdings in Schwab Long-Term U.S. Treasury ETF by 1,885.9% during the 3rd quarter. Carolina Wealth Advisors LLC now owns 585,782 shares of the company’s stock worth $18,927,000 after buying an additional 556,285 shares during the period. Park Avenue Securities LLC acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF in the second quarter valued at approximately $6,331,000. National Bank of Canada FI increased its position in shares of Schwab Long-Term U.S. Treasury ETF by 87.3% during the third quarter. National Bank of Canada FI now owns 183,200 shares of the company’s stock worth $5,919,000 after acquiring an additional 85,400 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Schwab Long-Term U.S. Treasury ETF by 6.5% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,389,378 shares of the company’s stock worth $44,307,000 after acquiring an additional 84,405 shares during the period. Finally, MFG Wealth Management Inc. acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF during the third quarter worth $2,278,000.

Schwab Long-Term U.S. Treasury ETF Stock Performance

SCHQ stock traded down $0.07 during midday trading on Friday, hitting $31.84. 1,112,801 shares of the company’s stock were exchanged, compared to its average volume of 654,618. Schwab Long-Term U.S. Treasury ETF has a one year low of $30.24 and a one year high of $33.82. The stock’s fifty day moving average price is $32.32 and its 200-day moving average price is $31.95.

About Schwab Long-Term U.S. Treasury ETF

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.