Short Interest in Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Decreases By 38.8%

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 961,599 shares, a decline of 38.8% from the July 30th total of 1,570,145 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 2,321,733 shares, the short-interest ratio is currently 0.4 days.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

SCHR stock traded down $0.14 during trading hours on Tuesday, reaching $24.20. The stock had a trading volume of 5,048,788 shares, compared to its average volume of 2,736,406. The stock has a 50-day simple moving average of $24.47 and a 200 day simple moving average of $24.72. Schwab Intermediate-Term U.S. Treasury ETF has a fifty-two week low of $24.20 and a fifty-two week high of $25.42.

Institutional Investors Weigh In On Schwab Intermediate-Term U.S. Treasury ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Midwest Trust Co increased its position in Schwab Intermediate-Term U.S. Treasury ETF by 7.3% during the fourth quarter. Midwest Trust Co now owns 960,038 shares of the company’s stock worth $24,078,000 after buying an additional 65,660 shares during the last quarter. UBS Group AG lifted its position in shares of Schwab Intermediate-Term U.S. Treasury ETF by 41.1% in the fourth quarter. UBS Group AG now owns 417,692 shares of the company’s stock valued at $10,476,000 after buying an additional 121,643 shares during the last quarter. Valpey Financial Services LLC boosted its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3,018.9% during the 4th quarter. Valpey Financial Services LLC now owns 320,743 shares of the company’s stock worth $8,044,000 after acquiring an additional 310,459 shares during the period. L.K. Benson & Company P.C. increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 42.3% during the 4th quarter. L.K. Benson & Company P.C. now owns 225,195 shares of the company’s stock worth $5,648,000 after acquiring an additional 66,928 shares during the last quarter. Finally, HC Advisors LLC increased its holdings in shares of Schwab Intermediate-Term U.S. Treasury ETF by 3.3% during the 4th quarter. HC Advisors LLC now owns 857,670 shares of the company’s stock worth $21,510,000 after acquiring an additional 27,006 shares during the last quarter.

Schwab Intermediate-Term U.S. Treasury ETF Company Profile

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.