Short Interest in Schwab US Small-Cap ETF (NYSEARCA:SCHA) Increases By 76.2%

Schwab US Small-Cap ETF (NYSEARCA:SCHA) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,440,960 shares, a growth of 76.2% from the February 26th total of 817,718 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 4,243,126 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SCHA. Godsey & Gibb Inc. purchased a new position in shares of Schwab US Small-Cap ETF in the third quarter valued at approximately $28,000. Morton Brown Family Wealth LLC acquired a new stake in Schwab US Small-Cap ETF during the 4th quarter worth approximately $30,000. Kiker Wealth Management LLC purchased a new position in Schwab US Small-Cap ETF in the 3rd quarter valued at approximately $31,000. Tompkins Financial Corp boosted its position in Schwab US Small-Cap ETF by 1,982.7% in the 4th quarter. Tompkins Financial Corp now owns 1,083 shares of the company’s stock valued at $31,000 after buying an additional 1,031 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Schwab US Small-Cap ETF in the fourth quarter worth $31,000.

Schwab US Small-Cap ETF Price Performance

NYSEARCA SCHA traded down $0.47 during mid-day trading on Friday, hitting $28.46. The stock had a trading volume of 2,480,406 shares, compared to its average volume of 3,544,771. The firm’s 50 day moving average is $30.07 and its 200 day moving average is $28.98. The stock has a market capitalization of $19.59 billion, a price-to-earnings ratio of 17.65 and a beta of 1.13. Schwab US Small-Cap ETF has a twelve month low of $20.04 and a twelve month high of $31.25.

Schwab US Small-Cap ETF Company Profile

Schwab U.S. Small-Cap ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index. The Dow Jones U.S. Small-Cap Total Stock Market Index includes the components ranked 751-2500 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps. The Fund may lend its portfolio securities to brokers, dealers and other financial institutions.