Short Interest in Schwab US Broad Market ETF (NYSEARCA:SCHB) Decreases By 22.2%

Schwab US Broad Market ETF (NYSEARCA:SCHB) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 1,594,281 shares, a decline of 22.2% from the February 12th total of 2,048,964 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,496,356 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 9,496,356 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Schwab US Broad Market ETF Stock Down 0.6%

Shares of Schwab US Broad Market ETF stock traded down $0.15 on Friday, hitting $25.50. The company’s stock had a trading volume of 12,446,011 shares, compared to its average volume of 9,845,033. The company has a market capitalization of $37.15 billion, a P/E ratio of 25.08 and a beta of 1.02. Schwab US Broad Market ETF has a 52-week low of $18.52 and a 52-week high of $26.94. The firm has a fifty day moving average price of $26.50 and a 200-day moving average price of $26.09.

Institutional Trading of Schwab US Broad Market ETF

Several institutional investors and hedge funds have recently modified their holdings of SCHB. Financial Life Planners purchased a new position in shares of Schwab US Broad Market ETF during the 3rd quarter worth approximately $27,000. Birchwood Financial Partners Inc. purchased a new stake in Schwab US Broad Market ETF in the 4th quarter valued at approximately $28,000. Wiser Advisor Group LLC purchased a new stake in Schwab US Broad Market ETF in the 3rd quarter valued at approximately $29,000. Bayban acquired a new stake in Schwab US Broad Market ETF during the 4th quarter valued at $33,000. Finally, LRI Investments LLC acquired a new stake in Schwab US Broad Market ETF during the 4th quarter valued at $35,000.

About Schwab US Broad Market ETF

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.