Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Stock Short Interest Rises 56.8%

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 201,225 shares, an increase of 56.8% from the September 15th total of 128,308 shares. Based on an average daily volume of 2,210,665 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SCHQ. Founders Grove Wealth Partners LLC increased its position in Schwab Long-Term U.S. Treasury ETF by 53.0% during the third quarter. Founders Grove Wealth Partners LLC now owns 10,364 shares of the company’s stock worth $295,000 after acquiring an additional 3,592 shares during the period. Intergy Private Wealth LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF in the 3rd quarter valued at about $274,000. RDA Financial Network acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 3rd quarter worth approximately $272,000. Triumph Capital Management grew its position in shares of Schwab Long-Term U.S. Treasury ETF by 597.5% during the 3rd quarter. Triumph Capital Management now owns 8,391 shares of the company’s stock worth $239,000 after purchasing an additional 7,188 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Schwab Long-Term U.S. Treasury ETF during the 3rd quarter worth approximately $245,000.

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

Shares of SCHQ traded up $0.02 during trading hours on Friday, hitting $29.17. The company had a trading volume of 2,022,548 shares, compared to its average volume of 913,246. The business has a fifty day moving average of $29.43 and a 200-day moving average of $30.42. Schwab Long-Term U.S. Treasury ETF has a 12 month low of $27.99 and a 12 month high of $33.19.

About Schwab Long-Term U.S. Treasury ETF

(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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