Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Up 38.4% in December

Schwab Government Money Market ETF (NYSEARCA:SGVT) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 47,399 shares, a growth of 38.4% from the December 15th total of 34,244 shares. Based on an average daily trading volume, of 251,837 shares, the short-interest ratio is presently 0.2 days. Approximately 1.0% of the company’s stock are sold short. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 251,837 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. WealthShield Partners LLC acquired a new stake in shares of Schwab Government Money Market ETF in the 2nd quarter valued at approximately $99,000. Jane Street Group LLC acquired a new position in shares of Schwab Government Money Market ETF during the 2nd quarter worth approximately $971,000. AssuredPartners Investment Advisors LLC bought a new stake in Schwab Government Money Market ETF in the 3rd quarter valued at $334,000. Spinnaker Investment Group LLC bought a new position in Schwab Government Money Market ETF during the third quarter worth $1,306,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Schwab Government Money Market ETF in the third quarter valued at $125,000.

Schwab Government Money Market ETF Trading Up 0.0%

Shares of Schwab Government Money Market ETF stock traded up $0.03 during trading hours on Friday, reaching $100.64. 158,191 shares of the company’s stock were exchanged, compared to its average volume of 256,308. The company has a 50 day moving average of $100.55 and a two-hundred day moving average of $100.46. Schwab Government Money Market ETF has a fifty-two week low of $100.01 and a fifty-two week high of $100.72.

About Schwab Government Money Market ETF

SGVT is an actively managed government money market ETF that invests in U.S. Treasury bills, government agency securities, and fully collateralized repurchase agreements. It aims for current income consistent with capital preservation and maintains liquidity, with a NAV that fluctuates based on underlying market values.