Schwab US Large-Cap ETF (NYSEARCA:SCHX) Sees Significant Increase in Short Interest

Schwab US Large-Cap ETF (NYSEARCA:SCHX) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 2,048,646 shares, an increase of 45.6% from the December 15th total of 1,406,977 shares. Based on an average daily volume of 15,521,590 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 15,521,590 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC raised its position in Schwab US Large-Cap ETF by 198.5% during the fourth quarter. Brighton Jones LLC now owns 211,330 shares of the company’s stock valued at $4,899,000 after acquiring an additional 140,539 shares in the last quarter. Sovran Advisors LLC acquired a new stake in shares of Schwab US Large-Cap ETF during the 2nd quarter worth approximately $1,218,000. Secure Asset Management LLC purchased a new position in shares of Schwab US Large-Cap ETF during the 2nd quarter valued at approximately $274,000. Atticus Wealth Management LLC lifted its stake in shares of Schwab US Large-Cap ETF by 19.2% in the 2nd quarter. Atticus Wealth Management LLC now owns 6,608 shares of the company’s stock valued at $161,000 after purchasing an additional 1,065 shares during the period. Finally, ARS Wealth Advisors Group LLC purchased a new stake in Schwab US Large-Cap ETF during the second quarter worth $244,000.

Schwab US Large-Cap ETF Stock Performance

NYSEARCA SCHX traded down $0.04 during trading hours on Friday, reaching $27.33. The stock had a trading volume of 14,521,441 shares, compared to its average volume of 16,801,521. Schwab US Large-Cap ETF has a 52-week low of $19.00 and a 52-week high of $27.50. The stock has a fifty day moving average of $26.91 and a 200 day moving average of $26.18. The stock has a market cap of $64.49 billion, a P/E ratio of 25.66 and a beta of 1.01.

Schwab US Large-Cap ETF Company Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.