Short Interest in Schwab Government Money Market ETF (NYSEARCA:SGVT) Grows By 291.6%

Schwab Government Money Market ETF (NYSEARCA:SGVT) saw a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 19,150 shares, an increase of 291.6% from the January 29th total of 4,890 shares. Based on an average daily trading volume, of 215,630 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 215,630 shares, the short-interest ratio is presently 0.1 days.

Schwab Government Money Market ETF Stock Performance

Shares of SGVT opened at $100.71 on Friday. The business’s fifty day moving average price is $100.58 and its 200 day moving average price is $100.53. Schwab Government Money Market ETF has a 12-month low of $100.01 and a 12-month high of $100.77.

Institutional Trading of Schwab Government Money Market ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wolfstich Capital LLC acquired a new stake in shares of Schwab Government Money Market ETF in the 4th quarter worth about $316,000. North Berkeley Wealth Management LLC acquired a new stake in shares of Schwab Government Money Market ETF in the fourth quarter valued at approximately $22,568,000. Uptick Partners LLC increased its stake in shares of Schwab Government Money Market ETF by 408.9% in the fourth quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock valued at $14,524,000 after purchasing an additional 116,138 shares during the period. Jane Street Group LLC bought a new stake in shares of Schwab Government Money Market ETF during the fourth quarter valued at approximately $10,156,000. Finally, Savant Capital LLC boosted its position in shares of Schwab Government Money Market ETF by 181.6% during the fourth quarter. Savant Capital LLC now owns 95,081 shares of the company’s stock worth $9,554,000 after buying an additional 61,315 shares during the period.

About Schwab Government Money Market ETF

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.