Short Interest in Schwab US Large-Cap ETF (NYSEARCA:SCHX) Increases By 48.1%

Schwab US Large-Cap ETF (NYSEARCA:SCHX) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 2,108,964 shares, an increase of 48.1% from the February 12th total of 1,423,831 shares. Based on an average daily volume of 22,413,602 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 22,413,602 shares, the short-interest ratio is presently 0.1 days.

Schwab US Large-Cap ETF Trading Down 0.6%

Shares of SCHX opened at $26.10 on Friday. Schwab US Large-Cap ETF has a 1 year low of $19.00 and a 1 year high of $27.54. The stock has a 50 day simple moving average of $27.09 and a 200-day simple moving average of $26.71. The stock has a market cap of $61.70 billion, a PE ratio of 25.66 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Fortis Capital Advisors LLC lifted its holdings in Schwab US Large-Cap ETF by 4.0% during the 3rd quarter. Fortis Capital Advisors LLC now owns 1,370,889 shares of the company’s stock worth $36,109,000 after purchasing an additional 53,242 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in Schwab US Large-Cap ETF in the 2nd quarter valued at $2,266,000. Corient Private Wealth LLC increased its position in Schwab US Large-Cap ETF by 27.6% during the 2nd quarter. Corient Private Wealth LLC now owns 6,051,561 shares of the company’s stock worth $147,900,000 after buying an additional 1,308,534 shares during the period. Edgestream Partners L.P. bought a new position in Schwab US Large-Cap ETF during the 2nd quarter worth $652,000. Finally, Charles Schwab Trust Co lifted its holdings in shares of Schwab US Large-Cap ETF by 6.9% during the third quarter. Charles Schwab Trust Co now owns 4,164,209 shares of the company’s stock worth $109,685,000 after buying an additional 268,464 shares in the last quarter.

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.