Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Decreases By 76.9%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 250,339 shares, a decrease of 76.9% from the June 30th total of 1,085,361 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 2,696,549 shares, the short-interest ratio is presently 0.1 days.

Schwab U.S. Large-Cap Value ETF Stock Performance

NYSEARCA SCHV traded up $0.02 during mid-day trading on Friday, reaching $34.24. 3,780,152 shares of the stock were exchanged, compared to its average volume of 4,117,956. Schwab U.S. Large-Cap Value ETF has a 1-year low of $27.39 and a 1-year high of $35.05. The business’s fifty day simple moving average is $34.03 and its 200 day simple moving average is $32.35. The stock has a market capitalization of $15.77 billion, a PE ratio of 19.08 and a beta of 0.82.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Several hedge funds have recently made changes to their positions in SCHV. First Community Trust NA lifted its position in Schwab U.S. Large-Cap Value ETF by 201.8% during the second quarter. First Community Trust NA now owns 3,585 shares of the company’s stock worth $125,000 after buying an additional 2,397 shares during the period. Envision Financial LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter worth about $201,000. Whitener Capital Management Inc. grew its holdings in Schwab U.S. Large-Cap Value ETF by 11.9% in the 2nd quarter. Whitener Capital Management Inc. now owns 51,167 shares of the company’s stock valued at $1,781,000 after buying an additional 5,443 shares during the period. William Mack & Associates Inc. grew its holdings in Schwab U.S. Large-Cap Value ETF by 14.4% in the 2nd quarter. William Mack & Associates Inc. now owns 55,360 shares of the company’s stock valued at $1,927,000 after buying an additional 6,965 shares during the period. Finally, G&S Capital LLC increased its stake in shares of Schwab U.S. Large-Cap Value ETF by 38.8% during the 2nd quarter. G&S Capital LLC now owns 10,953 shares of the company’s stock valued at $381,000 after acquiring an additional 3,063 shares during the last quarter.

About Schwab U.S. Large-Cap Value ETF

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