Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Short Interest Up 35.4% in December

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,019,710 shares, a growth of 35.4% from the November 30th total of 2,230,512 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 10,646,297 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 10,646,297 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Schwab U.S. Large-Cap Growth ETF Stock Performance

Shares of SCHG stock traded down $0.05 during trading hours on Tuesday, hitting $32.88. 8,323,749 shares of the company were exchanged, compared to its average volume of 10,935,483. The company has a 50 day simple moving average of $32.67 and a two-hundred day simple moving average of $31.25. The firm has a market cap of $53.43 billion, a P/E ratio of 34.24 and a beta of 1.15. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in SCHG. J.W. Cole Advisors Inc. raised its position in shares of Schwab U.S. Large-Cap Growth ETF by 16.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 367,653 shares of the company’s stock worth $10,739,000 after purchasing an additional 53,037 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in Schwab U.S. Large-Cap Growth ETF by 39.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 107,976 shares of the company’s stock valued at $3,154,000 after purchasing an additional 30,468 shares in the last quarter. Rovin Capital UT ADV raised its holdings in Schwab U.S. Large-Cap Growth ETF by 28.3% in the second quarter. Rovin Capital UT ADV now owns 654,286 shares of the company’s stock worth $19,112,000 after buying an additional 144,366 shares during the last quarter. HRC Wealth Management LLC raised its holdings in Schwab U.S. Large-Cap Growth ETF by 5.5% in the second quarter. HRC Wealth Management LLC now owns 2,267,730 shares of the company’s stock worth $66,240,000 after buying an additional 118,980 shares during the last quarter. Finally, AE Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Growth ETF by 36.0% in the second quarter. AE Wealth Management LLC now owns 335,988 shares of the company’s stock worth $9,814,000 after buying an additional 89,025 shares in the last quarter.

Schwab U.S. Large-Cap Growth ETF Company Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.