Short Interest in Schwab Government Money Market ETF (NYSEARCA:SGVT) Expands By 178.7%

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 132,115 shares, an increase of 178.7% from the December 31st total of 47,399 shares. Based on an average daily volume of 266,169 shares, the short-interest ratio is currently 0.5 days. Currently, 2.7% of the shares of the stock are sold short. Currently, 2.7% of the shares of the stock are sold short. Based on an average daily volume of 266,169 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Schwab Government Money Market ETF

Institutional investors have recently made changes to their positions in the company. Able Wealth Management LLC acquired a new stake in Schwab Government Money Market ETF during the 3rd quarter worth $1,000,000. Encompass More Asset Management acquired a new stake in shares of Schwab Government Money Market ETF in the third quarter valued at about $4,867,000. MGO One Seven LLC purchased a new position in shares of Schwab Government Money Market ETF in the third quarter worth about $3,340,000. Golden State Equity Partners acquired a new position in Schwab Government Money Market ETF during the third quarter worth about $589,000. Finally, Spinnaker Investment Group LLC purchased a new stake in Schwab Government Money Market ETF during the 3rd quarter valued at about $1,306,000.

Schwab Government Money Market ETF Stock Up 0.0%

Shares of Schwab Government Money Market ETF stock opened at $100.73 on Thursday. Schwab Government Money Market ETF has a twelve month low of $100.01 and a twelve month high of $100.73. The firm’s 50-day moving average price is $100.57 and its 200 day moving average price is $100.49.

Schwab Government Money Market ETF Company Profile

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.