Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Update

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the recipient of a large growth in short interest in February. As of February 27th, there was short interest totaling 24,027 shares, a growth of 25.5% from the February 12th total of 19,150 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 184,993 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 184,993 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Trading of Schwab Government Money Market ETF

Several large investors have recently made changes to their positions in SGVT. Johnson Financial Group Inc. acquired a new position in Schwab Government Money Market ETF in the 3rd quarter valued at $25,000. GW&K Investment Management LLC acquired a new stake in Schwab Government Money Market ETF during the 3rd quarter worth $26,000. Hartford Financial Management Inc. acquired a new stake in Schwab Government Money Market ETF during the 4th quarter worth $53,000. WealthShield Partners LLC grew its holdings in shares of Schwab Government Money Market ETF by 61.1% during the third quarter. WealthShield Partners LLC now owns 1,588 shares of the company’s stock worth $160,000 after buying an additional 602 shares in the last quarter. Finally, Harbour Investments Inc. purchased a new stake in shares of Schwab Government Money Market ETF during the fourth quarter worth $62,000.

Schwab Government Money Market ETF Trading Up 0.0%

SGVT stock traded up $0.02 during trading on Tuesday, hitting $100.60. The stock had a trading volume of 101,714 shares, compared to its average volume of 219,182. Schwab Government Money Market ETF has a twelve month low of $100.01 and a twelve month high of $100.77. The company’s 50-day moving average price is $100.59 and its two-hundred day moving average price is $100.55.

About Schwab Government Money Market ETF

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.