Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Short Interest Update

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) saw a large decrease in short interest in May. As of May 29th, there was short interest totaling 347,086 shares, a decrease of 60.2% from the May 14th total of 873,006 shares. Based on an average daily volume of 2,385,701 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Schwab 5-10 Year Corporate Bond ETF Stock Down 0.2%

Shares of NYSEARCA:SCHI traded down $0.04 during midday trading on Friday, reaching $22.58. The company had a trading volume of 1,862,706 shares, compared to its average volume of 3,102,521. Schwab 5-10 Year Corporate Bond ETF has a one year low of $22.31 and a one year high of $23.28. The stock’s fifty day moving average price is $22.65 and its 200-day moving average price is $22.86.

Institutional Trading of Schwab 5-10 Year Corporate Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of SCHI. Kaizen Financial Strategies lifted its stake in Schwab 5-10 Year Corporate Bond ETF by 6.9% during the third quarter. Kaizen Financial Strategies now owns 335,016 shares of the company’s stock worth $7,699,000 after purchasing an additional 21,712 shares during the last quarter. Bouchey Financial Group Ltd increased its stake in Schwab 5-10 Year Corporate Bond ETF by 3.1% during the third quarter. Bouchey Financial Group Ltd now owns 1,308,128 shares of the company’s stock valued at $30,192,000 after purchasing an additional 39,894 shares during the last quarter. Van Strum & Towne Inc. raised its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 43.3% during the fourth quarter. Van Strum & Towne Inc. now owns 495,353 shares of the company’s stock worth $11,378,000 after purchasing an additional 149,689 shares during the period. AssuredPartners Investment Advisors LLC acquired a new stake in shares of Schwab 5-10 Year Corporate Bond ETF during the fourth quarter worth $4,720,000. Finally, Blair William & Co. IL boosted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 161.9% in the 3rd quarter. Blair William & Co. IL now owns 353,955 shares of the company’s stock valued at $8,169,000 after buying an additional 218,781 shares during the period.

About Schwab 5-10 Year Corporate Bond ETF

The Schwab 5-10 Year Corporate Bond ETF (SCHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.