Short Interest in Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Rises By 100.9%

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 40,291 shares, a growth of 100.9% from the December 15th total of 20,056 shares. Based on an average daily trading volume, of 99,572 shares, the short-interest ratio is presently 0.4 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 99,572 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Schwab Ultra-Short Income ETF

A number of institutional investors have recently made changes to their positions in SCUS. AdvisorNet Financial Inc acquired a new position in Schwab Ultra-Short Income ETF during the 2nd quarter valued at about $50,000. Anfield Capital Management LLC purchased a new stake in shares of Schwab Ultra-Short Income ETF during the third quarter worth about $53,000. Savvy Advisors Inc. acquired a new position in shares of Schwab Ultra-Short Income ETF during the third quarter valued at about $280,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Schwab Ultra-Short Income ETF by 4.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 15,232 shares of the company’s stock valued at $383,000 after purchasing an additional 643 shares during the last quarter. Finally, Mainstream Capital Management LLC raised its position in shares of Schwab Ultra-Short Income ETF by 88.2% in the 2nd quarter. Mainstream Capital Management LLC now owns 19,483 shares of the company’s stock valued at $491,000 after purchasing an additional 9,133 shares during the last quarter.

Schwab Ultra-Short Income ETF Price Performance

Shares of NYSEARCA SCUS remained flat at $25.22 during trading hours on Friday. 65,569 shares of the company traded hands, compared to its average volume of 199,743. Schwab Ultra-Short Income ETF has a 1 year low of $25.04 and a 1 year high of $27.18. The firm’s 50 day simple moving average is $25.20 and its two-hundred day simple moving average is $25.19.

Schwab Ultra-Short Income ETF Company Profile

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.