Schwab Crypto Thematic ETF (NYSEARCA:STCE) Short Interest Update

Schwab Crypto Thematic ETF (NYSEARCA:STCE) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 21,116 shares, a drop of 46.8% from the January 15th total of 39,719 shares. Based on an average trading volume of 281,794 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 281,794 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Schwab Crypto Thematic ETF

Large investors have recently added to or reduced their stakes in the business. Spire Wealth Management lifted its holdings in Schwab Crypto Thematic ETF by 207.5% during the 4th quarter. Spire Wealth Management now owns 615 shares of the company’s stock worth $37,000 after buying an additional 415 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of Schwab Crypto Thematic ETF during the third quarter worth $36,000. Coston McIsaac & Partners purchased a new stake in shares of Schwab Crypto Thematic ETF during the third quarter worth $41,000. PNC Financial Services Group Inc. raised its stake in shares of Schwab Crypto Thematic ETF by 83.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,281 shares of the company’s stock valued at $77,000 after acquiring an additional 583 shares in the last quarter. Finally, AdvisorNet Financial Inc boosted its holdings in Schwab Crypto Thematic ETF by 32.6% in the third quarter. AdvisorNet Financial Inc now owns 2,658 shares of the company’s stock valued at $209,000 after purchasing an additional 654 shares during the period.

Schwab Crypto Thematic ETF Stock Up 3.5%

NYSEARCA STCE traded up $1.99 during trading on Friday, hitting $58.18. The stock had a trading volume of 79,010 shares, compared to its average volume of 214,670. The company has a market capitalization of $253.08 million, a PE ratio of 25.00 and a beta of 2.60. The firm has a 50 day moving average price of $66.10 and a 200 day moving average price of $71.06. Schwab Crypto Thematic ETF has a twelve month low of $28.07 and a twelve month high of $109.64.

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.