Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Short Interest Update

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,606,350 shares, an increase of 242.8% from the May 14th total of 468,587 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 2,518,475 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Schwab U.S. Aggregate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Rossby Financial LCC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 121.1% during the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after acquiring an additional 590 shares during the period. Newport Capital Group LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. Godfrey Financial Associates Inc. acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $25,000. LGT Financial Advisors LLC boosted its holdings in shares of Schwab U.S. Aggregate Bond ETF by 868.6% during the third quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after acquiring an additional 1,051 shares during the period. Finally, Gilpin Wealth Management LLC acquired a new position in shares of Schwab U.S. Aggregate Bond ETF during the fourth quarter valued at $28,000.

Schwab U.S. Aggregate Bond ETF Stock Performance

Schwab U.S. Aggregate Bond ETF stock traded up $0.14 during mid-day trading on Thursday, reaching $23.12. The company’s stock had a trading volume of 1,413,336 shares, compared to its average volume of 2,325,179. The business has a 50 day moving average price of $23.14 and a 200-day moving average price of $23.32. Schwab U.S. Aggregate Bond ETF has a twelve month low of $22.77 and a twelve month high of $23.73.

About Schwab U.S. Aggregate Bond ETF

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.