Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Sees Large Decrease in Short Interest

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 2,687,589 shares, a decrease of 31.0% from the January 15th total of 3,892,965 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 13,251,569 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 13,251,569 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Schwab U.S. Large-Cap Growth ETF

Hedge funds have recently bought and sold shares of the company. Crews Bank & Trust bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF during the third quarter valued at approximately $25,000. Mid American Wealth Advisory Group Inc. purchased a new stake in Schwab U.S. Large-Cap Growth ETF during the 2nd quarter valued at $26,000. Westfuller Advisors LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $26,000. REAP Financial Group LLC bought a new stake in shares of Schwab U.S. Large-Cap Growth ETF in the 3rd quarter worth $28,000. Finally, Atlantic Union Bankshares Corp purchased a new position in shares of Schwab U.S. Large-Cap Growth ETF in the second quarter worth $29,000.

Schwab U.S. Large-Cap Growth ETF Trading Down 0.3%

NYSEARCA:SCHG traded down $0.08 during trading hours on Friday, reaching $30.43. 21,425,493 shares of the company traded hands, compared to its average volume of 14,545,871. The business’s 50-day moving average price is $32.29 and its two-hundred day moving average price is $31.90. Schwab U.S. Large-Cap Growth ETF has a 1 year low of $21.37 and a 1 year high of $33.74. The stock has a market capitalization of $49.81 billion, a P/E ratio of 34.24 and a beta of 1.15.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.