Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 5,095 shares, a drop of 69.8% from the May 31st total of 16,886 shares. Based on an average daily trading volume, of 135,683 shares, the short-interest ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Schwab Ultra-Short Income ETF Trading Up 0.0%

SCUS stock traded up $0.01 during midday trading on Friday, reaching $25.19. 92,951 shares of the company were exchanged, compared to its average volume of 116,360. Schwab Ultra-Short Income ETF has a one year low of $25.09 and a one year high of $25.33. The business has a 50-day moving average price of $25.17 and a two-hundred day moving average price of $25.19.

Institutional Trading of Schwab Ultra-Short Income ETF

Several institutional investors have recently added to or reduced their stakes in the company. January Capital Advisors LLC acquired a new position in shares of Schwab Ultra-Short Income ETF in the first quarter valued at about $686,000. Waverly Advisors LLC raised its stake in Schwab Ultra-Short Income ETF by 13.2% in the 1st quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock worth $664,000 after purchasing an additional 3,079 shares in the last quarter. Kaizen Financial Strategies bought a new stake in Schwab Ultra-Short Income ETF in the 1st quarter valued at about $1,993,000. James Investment Research Inc. raised its position in shares of Schwab Ultra-Short Income ETF by 14.1% in the first quarter. James Investment Research Inc. now owns 13,417 shares of the company’s stock valued at $338,000 after buying an additional 1,656 shares in the last quarter. Finally, WealthPLAN Partners LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF in the fourth quarter valued at approximately $536,000.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.