Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Stock Short Interest Report for October

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a large drop in short interest in the month of October. As of October 30th, there was short interest totaling 8,301 shares, a drop of 81.2% from the October 15th total of 44,120 shares. Based on an average trading volume of 108,828 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Schwab Ultra-Short Income ETF

Several institutional investors have recently bought and sold shares of the business. James Investment Research Inc. grew its holdings in Schwab Ultra-Short Income ETF by 3.4% in the third quarter. James Investment Research Inc. now owns 16,844 shares of the company’s stock valued at $423,000 after purchasing an additional 550 shares during the period. Coastwise Capital Group LLC raised its stake in shares of Schwab Ultra-Short Income ETF by 10.1% during the 3rd quarter. Coastwise Capital Group LLC now owns 22,906 shares of the company’s stock worth $575,000 after buying an additional 2,096 shares during the period. Waverly Advisors LLC raised its stake in shares of Schwab Ultra-Short Income ETF by 13.2% during the 1st quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock worth $664,000 after buying an additional 3,079 shares during the period. WealthPlan Investment Management LLC lifted its position in shares of Schwab Ultra-Short Income ETF by 10.1% during the 3rd quarter. WealthPlan Investment Management LLC now owns 35,247 shares of the company’s stock valued at $885,000 after buying an additional 3,225 shares in the last quarter. Finally, Mann Financial Group Inc. purchased a new position in shares of Schwab Ultra-Short Income ETF during the 2nd quarter valued at approximately $227,000.

Schwab Ultra-Short Income ETF Price Performance

Shares of Schwab Ultra-Short Income ETF stock traded down $0.01 on Thursday, hitting $25.04. The company’s stock had a trading volume of 136,824 shares, compared to its average volume of 119,200. Schwab Ultra-Short Income ETF has a 1 year low of $25.01 and a 1 year high of $25.33. The firm has a fifty day moving average price of $25.08 and a 200-day moving average price of $25.15.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.