Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Significant Increase in Short Interest

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 494,771 shares, a growth of 26.8% from the February 12th total of 390,097 shares. Based on an average daily volume of 4,904,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 4,904,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. JPL Wealth Management LLC purchased a new stake in shares of Schwab U.S. Large-Cap Value ETF during the 3rd quarter worth about $26,000. Laurel Wealth Advisors LLC purchased a new position in shares of Schwab U.S. Large-Cap Value ETF in the fourth quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new position in shares of Schwab U.S. Large-Cap Value ETF during the 4th quarter worth approximately $38,000. Total Investment Management Inc. purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at $41,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF during the fourth quarter worth about $47,000.

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

SCHV traded up $0.25 during trading on Tuesday, reaching $31.18. 82,018 shares of the company’s stock were exchanged, compared to its average volume of 4,105,132. Schwab U.S. Large-Cap Value ETF has a 1 year low of $23.08 and a 1 year high of $32.45. The company’s fifty day simple moving average is $31.37 and its 200-day simple moving average is $29.95. The stock has a market capitalization of $14.98 billion, a P/E ratio of 19.08 and a beta of 0.90.

Schwab U.S. Large-Cap Value ETF Company Profile

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.