Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) Stock Short Interest Report for October

Schwab Intermediate-Term U.S. Treasury ETF (NYSEARCA:SCHR) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 989,395 shares, an increase of 165.8% from the October 15th total of 372,219 shares. Based on an average daily volume of 3,538,049 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

Schwab Intermediate-Term U.S. Treasury ETF Stock Performance

Schwab Intermediate-Term U.S. Treasury ETF stock traded up $0.01 during mid-day trading on Friday, hitting $23.84. The company’s stock had a trading volume of 3,347,826 shares, compared to its average volume of 3,019,254. The business has a 50 day moving average price of $23.92 and a 200-day moving average price of $24.53. Schwab Intermediate-Term U.S. Treasury ETF has a 12 month low of $23.57 and a 12 month high of $25.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SCHR. Envestnet Asset Management Inc. raised its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 103.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,469,330 shares of the company’s stock valued at $233,514,000 after buying an additional 4,821,340 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in Schwab Intermediate-Term U.S. Treasury ETF during the 3rd quarter valued at $59,923,000. Financial Life Advisors bought a new stake in shares of Schwab Intermediate-Term U.S. Treasury ETF in the second quarter worth about $36,389,000. Bank of America Corp DE grew its stake in shares of Schwab Intermediate-Term U.S. Treasury ETF by 19.7% in the first quarter. Bank of America Corp DE now owns 6,189,094 shares of the company’s stock worth $154,170,000 after purchasing an additional 1,016,874 shares during the last quarter. Finally, Waverly Advisors LLC increased its holdings in Schwab Intermediate-Term U.S. Treasury ETF by 1,269.1% during the 1st quarter. Waverly Advisors LLC now owns 794,905 shares of the company’s stock valued at $19,801,000 after purchasing an additional 736,844 shares during the period.

About Schwab Intermediate-Term U.S. Treasury ETF

The Schwab Intermediate-Term U.S. Treasury ETF (SCHR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment grade debt issued by the US Treasury with remaining maturity of 3-10 years. SCHR was launched on Aug 5, 2010 and is managed by Charles Schwab.