Schwab Crypto Thematic ETF (NYSEARCA:STCE) Short Interest Update

Schwab Crypto Thematic ETF (NYSEARCA:STCE) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 57,376 shares, an increase of 195.3% from the March 15th total of 19,429 shares. Based on an average daily trading volume, of 115,041 shares, the short-interest ratio is currently 0.5 days. Approximately 1.5% of the company’s stock are sold short.

Institutional Trading of Schwab Crypto Thematic ETF

A number of large investors have recently bought and sold shares of the business. Breakthru Advisory Services LLC acquired a new stake in Schwab Crypto Thematic ETF during the 4th quarter worth $3,396,000. MML Investors Services LLC acquired a new stake in Schwab Crypto Thematic ETF during the 4th quarter worth $3,390,000. Jane Street Group LLC boosted its stake in Schwab Crypto Thematic ETF by 42.9% during the 2nd quarter. Jane Street Group LLC now owns 41,389 shares of the company’s stock worth $2,072,000 after purchasing an additional 12,424 shares during the period. Quattro Advisors LLC acquired a new stake in Schwab Crypto Thematic ETF during the 4th quarter worth $2,093,000. Finally, Advyzon Investment Management LLC acquired a new stake in Schwab Crypto Thematic ETF during the 4th quarter worth $475,000.

Schwab Crypto Thematic ETF Price Performance

Shares of Schwab Crypto Thematic ETF stock traded up $0.57 during trading hours on Friday, hitting $58.22. The company had a trading volume of 71,721 shares, compared to its average volume of 150,541. The company’s 50-day moving average is $56.38 and its two-hundred day moving average is $69.88. Schwab Crypto Thematic ETF has a twelve month low of $30.90 and a twelve month high of $109.64. The company has a market cap of $227.06 million, a P/E ratio of 25.00 and a beta of 2.68.

About Schwab Crypto Thematic ETF

The Schwab Crypto Thematic ETF (STCE) is an exchange-traded fund that is based on the The Schwab Crypto Thematic index. The fund tracks an index of globally listed companies that enable the cryptocurrency ecosystem. The fund selects and weights companies based on thematic relevance through a proprietary NLP algorithm. STCE was launched on Aug 4, 2022 and is managed by Charles Schwab.