Short Interest in Schwab Core Bond ETF (NYSEARCA:SCCR) Grows By 14,310.8%

Schwab Core Bond ETF (NYSEARCA:SCCR) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 26,660 shares, a growth of 14,310.8% from the February 12th total of 185 shares. Based on an average daily volume of 218,864 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 218,864 shares, the days-to-cover ratio is currently 0.1 days.

Schwab Core Bond ETF Stock Performance

Shares of NYSEARCA:SCCR opened at $25.75 on Thursday. Schwab Core Bond ETF has a 1-year low of $24.82 and a 1-year high of $26.25. The company has a 50 day moving average price of $25.95 and a 200 day moving average price of $25.93.

Hedge Funds Weigh In On Schwab Core Bond ETF

A number of hedge funds have recently modified their holdings of SCCR. OLD Mission Capital LLC purchased a new stake in shares of Schwab Core Bond ETF during the fourth quarter valued at $226,000. LPL Financial LLC purchased a new stake in Schwab Core Bond ETF during the fourth quarter valued at about $235,000. Destination Wealth Management acquired a new position in shares of Schwab Core Bond ETF in the fourth quarter worth about $369,000. Citadel Advisors LLC purchased a new position in shares of Schwab Core Bond ETF in the third quarter worth approximately $520,000. Finally, Jane Street Group LLC purchased a new position in shares of Schwab Core Bond ETF in the first quarter worth approximately $690,000.

Schwab Core Bond ETF Company Profile

The Schwab Core Bond ETF (SCCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in investment grade, US dollar-denominated debt securities of varying maturities. The fund seeks total return. SCCR was launched on Feb 5, 2025 and is issued by Charles Schwab.