Schwab Crypto Thematic ETF (NYSEARCA:STCE) Short Interest Up 73.2% in March

Schwab Crypto Thematic ETF (NYSEARCA:STCE) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 19,429 shares, an increase of 73.2% from the February 26th total of 11,219 shares. Based on an average daily trading volume, of 98,095 shares, the short-interest ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold.

Schwab Crypto Thematic ETF Price Performance

NYSEARCA:STCE traded down $2.75 during trading hours on Friday, reaching $50.74. 81,953 shares of the company were exchanged, compared to its average volume of 160,409. The company has a market capitalization of $220.72 million, a P/E ratio of 25.00 and a beta of 2.60. Schwab Crypto Thematic ETF has a 1-year low of $28.07 and a 1-year high of $109.64. The business has a 50 day moving average of $60.15 and a 200 day moving average of $71.19.

Institutional Trading of Schwab Crypto Thematic ETF

Large investors have recently modified their holdings of the stock. Breakthru Advisory Services LLC bought a new position in shares of Schwab Crypto Thematic ETF in the fourth quarter worth $3,396,000. MML Investors Services LLC bought a new stake in Schwab Crypto Thematic ETF during the fourth quarter worth about $3,390,000. Jane Street Group LLC lifted its position in Schwab Crypto Thematic ETF by 42.9% during the second quarter. Jane Street Group LLC now owns 41,389 shares of the company’s stock worth $2,072,000 after purchasing an additional 12,424 shares during the period. Quattro Advisors LLC acquired a new stake in Schwab Crypto Thematic ETF during the fourth quarter worth about $2,093,000. Finally, Flow Traders U.S. LLC increased its holdings in Schwab Crypto Thematic ETF by 365.5% in the 2nd quarter. Flow Traders U.S. LLC now owns 32,867 shares of the company’s stock valued at $1,645,000 after buying an additional 25,806 shares during the period.

Schwab Crypto Thematic ETF Company Profile

The Schwab Crypto Thematic ETF (STCE) is an exchange-traded fund that is based on the The Schwab Crypto Thematic index. The fund tracks an index of globally listed companies that enable the cryptocurrency ecosystem. The fund selects and weights companies based on thematic relevance through a proprietary NLP algorithm. STCE was launched on Aug 4, 2022 and is managed by Charles Schwab.