Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 357,898 shares, an increase of 142.4% from the April 15th total of 147,654 shares. Based on an average daily volume of 714,472 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.2% of the shares of the stock are short sold.

Schwab Long-Term U.S. Treasury ETF Stock Down 1.3%

NYSEARCA:SCHQ traded down $0.40 during mid-day trading on Friday, reaching $30.45. 250,537 shares of the company were exchanged, compared to its average volume of 807,491. Schwab Long-Term U.S. Treasury ETF has a 12 month low of $30.24 and a 12 month high of $33.19. The company has a fifty day moving average of $31.43 and a 200 day moving average of $31.87.

Institutional Investors Weigh In On Schwab Long-Term U.S. Treasury ETF

A number of hedge funds have recently added to or reduced their stakes in SCHQ. PNC Financial Services Group Inc. grew its holdings in Schwab Long-Term U.S. Treasury ETF by 229.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 797 shares of the company’s stock worth $25,000 after acquiring an additional 555 shares during the last quarter. Windsor Advisory Group LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 1st quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth about $45,000. Atlas Capital Advisors Inc. bought a new stake in Schwab Long-Term U.S. Treasury ETF during the 4th quarter worth about $51,000. Finally, Smartleaf Asset Management LLC grew its holdings in Schwab Long-Term U.S. Treasury ETF by 11,843.5% during the 3rd quarter. Smartleaf Asset Management LLC now owns 2,747 shares of the company’s stock worth $89,000 after acquiring an additional 2,724 shares during the last quarter.

Schwab Long-Term U.S. Treasury ETF Company Profile

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.