Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Update

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 82,290 shares, an increase of 138.1% from the January 29th total of 34,554 shares. Based on an average daily volume of 283,468 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 283,468 shares, the days-to-cover ratio is presently 0.3 days.

Schwab 1-5 Year Corporate Bond ETF Stock Up 0.0%

Schwab 1-5 Year Corporate Bond ETF stock opened at $25.02 on Friday. The firm’s 50 day simple moving average is $24.93 and its 200 day simple moving average is $24.92. Schwab 1-5 Year Corporate Bond ETF has a 1-year low of $24.23 and a 1-year high of $25.03.

Schwab 1-5 Year Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 6th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1015 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from Schwab 1-5 Year Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 4.9%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SCHJ. Geneos Wealth Management Inc. bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the first quarter valued at about $27,000. LGT Financial Advisors LLC bought a new position in shares of Schwab 1-5 Year Corporate Bond ETF during the third quarter valued at approximately $33,000. AE Wealth Management LLC purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 3rd quarter valued at $35,000. Comerica Bank purchased a new position in Schwab 1-5 Year Corporate Bond ETF during the 4th quarter valued at $50,000. Finally, Raymond James Financial Inc. bought a new position in Schwab 1-5 Year Corporate Bond ETF in the 2nd quarter worth $60,000.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.