Schwab US Small-Cap ETF (NYSEARCA:SCHA) Stock Short Interest Climbs 86.4%

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,254,228 shares, an increase of 86.4% from the September 15th total of 1,209,257 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily volume of 4,280,050 shares, the short-interest ratio is presently 0.5 days.

Schwab US Small-Cap ETF Trading Down 1.8%

Shares of SCHA stock opened at $31.99 on Thursday. Schwab US Small-Cap ETF has a 12-month low of $26.45 and a 12-month high of $36.20. The stock’s 50-day moving average price is $33.86 and its 200-day moving average price is $33.48. The stock has a market capitalization of $22.03 billion, a price-to-earnings ratio of 17.65 and a beta of 1.11.

Hedge Funds Weigh In On Schwab US Small-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCHA. Apella Capital LLC raised its stake in shares of Schwab US Small-Cap ETF by 536.2% in the third quarter. Apella Capital LLC now owns 325,965 shares of the company’s stock valued at $10,630,000 after acquiring an additional 274,728 shares during the period. Money Concepts Capital Corp lifted its holdings in shares of Schwab US Small-Cap ETF by 83.9% in the 1st quarter. Money Concepts Capital Corp now owns 44,612 shares of the company’s stock worth $1,297,000 after acquiring an additional 20,349 shares during the last quarter. Boltwood Capital Management bought a new stake in shares of Schwab US Small-Cap ETF in the 3rd quarter worth about $3,840,000. Weaver Capital Management LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 955.2% in the 1st quarter. Weaver Capital Management LLC now owns 251,155 shares of the company’s stock worth $7,304,000 after acquiring an additional 227,353 shares during the last quarter. Finally, HHM Wealth Advisors LLC lifted its holdings in shares of Schwab US Small-Cap ETF by 4.4% in the 1st quarter. HHM Wealth Advisors LLC now owns 465,370 shares of the company’s stock worth $13,533,000 after acquiring an additional 19,671 shares during the last quarter.

About Schwab US Small-Cap ETF

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 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. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.