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

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 804 shares, a decrease of 84.2% from the June 15th total of 5,095 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 135,167 shares, the short-interest ratio is currently 0.0 days.

Schwab Ultra-Short Income ETF Price Performance

Shares of SCUS traded down $0.01 during mid-day trading on Friday, hitting $25.12. The company had a trading volume of 59,064 shares, compared to its average volume of 115,154. Schwab Ultra-Short Income ETF has a 1-year low of $25.10 and a 1-year high of $25.33. The business’s 50-day simple moving average is $25.16 and its 200-day simple moving average is $25.18.

Hedge Funds Weigh In On Schwab Ultra-Short Income ETF

A number of hedge funds have recently made changes to their positions in the stock. James Investment Research Inc. purchased a new stake in shares of Schwab Ultra-Short Income ETF during the 4th quarter valued at $296,000. Savvy Advisors Inc. raised its position in shares of Schwab Ultra-Short Income ETF by 57.9% in the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock worth $441,000 after buying an additional 6,418 shares during the period. WealthPLAN Partners LLC purchased a new position in shares of Schwab Ultra-Short Income ETF in the 4th quarter worth $536,000. Waverly Advisors LLC boosted its holdings in Schwab Ultra-Short Income ETF by 13.2% in the first quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after acquiring an additional 3,079 shares during the last quarter. Finally, January Capital Advisors LLC acquired a new position in Schwab Ultra-Short Income ETF in the first quarter valued at $686,000.

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.