Schwab US Broad Market ETF (NYSEARCA:SCHB) Short Interest Update

Schwab US Broad Market ETF (NYSEARCA:SCHB) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,874,723 shares, a decline of 39.4% from the December 15th total of 3,093,492 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,128,656 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 7,128,656 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Schwab US Broad Market ETF Stock Performance

Shares of NYSEARCA SCHB traded down $0.01 during mid-day trading on Friday, hitting $26.74. 6,580,245 shares of the stock were exchanged, compared to its average volume of 7,111,504. Schwab US Broad Market ETF has a twelve month low of $18.52 and a twelve month high of $26.89. The stock’s fifty day simple moving average is $26.25 and its two-hundred day simple moving average is $25.52. The company has a market cap of $38.93 billion, a P/E ratio of 25.08 and a beta of 1.02.

Hedge Funds Weigh In On Schwab US Broad Market ETF

Several institutional investors have recently bought and sold shares of SCHB. Avantax Advisory Services Inc. lifted its position in Schwab US Broad Market ETF by 3.4% in the 2nd quarter. Avantax Advisory Services Inc. now owns 81,215 shares of the company’s stock valued at $1,935,000 after acquiring an additional 2,664 shares in the last quarter. Genesee Capital Advisors LLC increased its holdings in Schwab US Broad Market ETF by 1.6% during the 2nd quarter. Genesee Capital Advisors LLC now owns 1,514,413 shares of the company’s stock worth $36,088,000 after purchasing an additional 23,607 shares in the last quarter. Boyum Wealth Architects LLC raised its stake in shares of Schwab US Broad Market ETF by 10.3% in the 3rd quarter. Boyum Wealth Architects LLC now owns 1,225,521 shares of the company’s stock valued at $31,508,000 after purchasing an additional 114,806 shares during the period. Cambridge Financial Group LLC raised its stake in shares of Schwab US Broad Market ETF by 43.8% in the 2nd quarter. Cambridge Financial Group LLC now owns 189,882 shares of the company’s stock valued at $4,525,000 after purchasing an additional 57,856 shares during the period. Finally, Weaver Capital Management LLC bought a new stake in shares of Schwab US Broad Market ETF in the third quarter valued at about $35,322,000.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.