Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Large Growth in Short Interest

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 468,587 shares, a growth of 75.3% from the April 30th total of 267,354 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,166,240 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Chatterton & Associates Inc. bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $3,996,000. Breakthru Advisory Services LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 8.4% during the 4th quarter. Breakthru Advisory Services LLC now owns 385,142 shares of the company’s stock valued at $9,001,000 after purchasing an additional 29,815 shares during the period. MAI Capital Management raised its position in shares of Schwab U.S. Aggregate Bond ETF by 373.7% during the 3rd quarter. MAI Capital Management now owns 284,088 shares of the company’s stock valued at $6,668,000 after purchasing an additional 224,115 shares during the period. Ascent Group LLC raised its position in shares of Schwab U.S. Aggregate Bond ETF by 87.2% during the 4th quarter. Ascent Group LLC now owns 628,347 shares of the company’s stock valued at $14,684,000 after purchasing an additional 292,644 shares during the period. Finally, Dorato Capital Management bought a new stake in shares of Schwab U.S. Aggregate Bond ETF during the 4th quarter valued at $1,968,000.

Schwab U.S. Aggregate Bond ETF Trading Down 0.2%

Shares of Schwab U.S. Aggregate Bond ETF stock opened at $23.04 on Thursday. The company’s fifty day simple moving average is $23.15 and its 200-day simple moving average is $23.34. Schwab U.S. Aggregate Bond ETF has a 1-year low of $22.75 and a 1-year high of $23.73.

Schwab U.S. Aggregate Bond ETF Company Profile

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.