Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Significant Increase in Short Interest

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 390,097 shares, a growth of 84.0% from the January 29th total of 212,031 shares. Based on an average daily volume of 4,265,638 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 4,265,638 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. JPL Wealth Management LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the third quarter valued at $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at about $38,000. Total Investment Management Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $41,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $47,000.

Schwab U.S. Large-Cap Value ETF Price Performance

NYSEARCA:SCHV traded down $0.01 during midday trading on Friday, hitting $32.23. The company’s stock had a trading volume of 3,819,467 shares, compared to its average volume of 3,894,268. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $23.08 and a fifty-two week high of $32.45. The firm has a market cap of $15.49 billion, a P/E ratio of 19.08 and a beta of 0.90. The firm’s 50 day moving average is $31.06 and its 200-day moving average is $29.72.

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

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