Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) Sees Significant Drop in Short Interest

Schwab U.S. Aggregate Bond ETF (NYSEARCA:SCHZ) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 499,488 shares, a drop of 21.4% from the December 31st total of 635,263 shares. Based on an average daily volume of 2,820,188 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,820,188 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Schwab U.S. Aggregate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the business. Rossby Financial LCC boosted its stake in Schwab U.S. Aggregate Bond ETF by 121.1% in the third quarter. Rossby Financial LCC now owns 1,077 shares of the company’s stock valued at $25,000 after acquiring an additional 590 shares during the period. Decker Retirement Planning Inc. bought a new stake in Schwab U.S. Aggregate Bond ETF in the 3rd quarter valued at about $26,000. LGT Financial Advisors LLC boosted its stake in Schwab U.S. Aggregate Bond ETF by 868.6% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,172 shares of the company’s stock valued at $28,000 after purchasing an additional 1,051 shares during the period. Cloud Capital Management LLC acquired a new position in Schwab U.S. Aggregate Bond ETF during the 3rd quarter valued at about $30,000. Finally, Bernard Wealth Management Corp. bought a new position in Schwab U.S. Aggregate Bond ETF in the 3rd quarter worth about $31,000.

Schwab U.S. Aggregate Bond ETF Price Performance

Shares of SCHZ traded up $0.01 during midday trading on Friday, hitting $23.45. The company had a trading volume of 8,910,123 shares, compared to its average volume of 2,657,606. The company’s 50 day moving average price is $23.43 and its 200 day moving average price is $23.39. Schwab U.S. Aggregate Bond ETF has a 52 week low of $22.52 and a 52 week high of $23.71.

Schwab U.S. Aggregate Bond ETF Company Profile

The Schwab U.S. Aggregate Bond ETF (SCHZ) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a broad index of U.S. investment grade fixed income securities, including corporate, government, and mortgage-backed securities. SCHZ was launched on Jul 14, 2011 and is managed by Charles Schwab.