Schwab Core Bond ETF (NYSEARCA:SCCR) Sees Significant Decline in Short Interest

Schwab Core Bond ETF (NYSEARCA:SCCR) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 30,351 shares, a decrease of 48.3% from the August 31st total of 58,654 shares. Based on an average daily volume of 328,398 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of Schwab Core Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SCCR. ATX Financial Planning LLC purchased a new position in shares of Schwab Core Bond ETF during the 1st quarter worth about $1,594,000. Destination Wealth Management acquired a new stake in shares of Schwab Core Bond ETF in the fourth quarter valued at about $369,000. Acorn Wealth Advisors LLC acquired a new stake in shares of Schwab Core Bond ETF in the second quarter valued at about $301,000. Aire Advisors LLC purchased a new stake in shares of Schwab Core Bond ETF during the 1st quarter valued at about $302,000. Finally, RFG Advisory LLC purchased a new stake in shares of Schwab Core Bond ETF during the 1st quarter valued at about $203,000.

Schwab Core Bond ETF Price Performance

Shares of SCCR stock traded down $0.05 during mid-day trading on Thursday, hitting $24.27. 293,563 shares of the company’s stock were exchanged, compared to its average volume of 310,672. Schwab Core Bond ETF has a fifty-two week low of $24.14 and a fifty-two week high of $26.25. The stock has a 50-day simple moving average of $24.97 and a two-hundred day simple moving average of $25.33.

Schwab Core Bond ETF Company Profile

The Schwab Core Bond ETF (SCCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in investment grade, US dollar-denominated debt securities of varying maturities. The fund seeks total return. SCCR was launched on Feb 5, 2025 and is issued by Charles Schwab.