Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Short Interest Up 130.8% in June

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 920,846 shares, a growth of 130.8% from the June 15th total of 399,053 shares. Based on an average daily trading volume, of 4,428,358 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Schwab U.S. TIPS ETF

Institutional investors have recently modified their holdings of the business. Archer Investment Corp raised its holdings in Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Schwab U.S. TIPS ETF during the fourth quarter worth approximately $29,000. Olistico Wealth LLC acquired a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $30,000. Ameritas Investment Partners Inc. increased its position in shares of Schwab U.S. TIPS ETF by 83.9% in the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after buying an additional 547 shares in the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in shares of Schwab U.S. TIPS ETF by 69.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after buying an additional 541 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1%

SCHP traded up $0.02 on Tuesday, reaching $26.20. The stock had a trading volume of 9,981,005 shares, compared to its average volume of 4,470,253. Schwab U.S. TIPS ETF has a 12-month low of $26.14 and a 12-month high of $27.19. The business’s 50-day moving average price is $26.54 and its two-hundred day moving average price is $26.64.

About Schwab U.S. TIPS ETF

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.