Short Interest in Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Increases By 133.5%

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQGet Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 363,565 shares, a growth of 133.5% from the August 15th total of 155,703 shares. Approximately 1.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,224,644 shares, the days-to-cover ratio is presently 0.3 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Downshift Financial LLC lifted its holdings in Schwab Long-Term U.S. Treasury ETF by 2.1% in the first quarter. Downshift Financial LLC now owns 21,048 shares of the company’s stock worth $658,000 after purchasing an additional 434 shares during the period. Windsor Advisory Group LLC acquired a new position in Schwab Long-Term U.S. Treasury ETF during the 1st quarter valued at about $28,000. Wealthgarden F.S. LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 12.9% during the 4th quarter. Wealthgarden F.S. LLC now owns 8,128 shares of the company’s stock worth $260,000 after buying an additional 930 shares in the last quarter. Dogwood Wealth Management LLC raised its position in shares of Schwab Long-Term U.S. Treasury ETF by 1,049.7% during the 2nd quarter. Dogwood Wealth Management LLC now owns 1,920 shares of the company’s stock worth $60,000 after buying an additional 1,753 shares in the last quarter. Finally, SouthState Bank Corp acquired a new stake in shares of Schwab Long-Term U.S. Treasury ETF in the 1st quarter worth approximately $94,000.

Schwab Long-Term U.S. Treasury ETF Trading Down 0.4%

NYSEARCA:SCHQ traded down $0.10 during mid-day trading on Tuesday, hitting $29.38. The stock had a trading volume of 747,968 shares, compared to its average volume of 803,884. The company has a 50 day simple moving average of $30.15 and a 200-day simple moving average of $30.91. Schwab Long-Term U.S. Treasury ETF has a 52 week low of $29.33 and a 52 week high of $33.19.

Schwab Long-Term U.S. Treasury ETF Company Profile

(Get Free Report)

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.

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