Short Interest in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Grows By 171.8%

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 1,287,978 shares, an increase of 171.8% from the March 15th total of 473,904 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 5,774,411 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Value ETF

Institutional investors have recently bought and sold shares of the company. Whitaker Myers Wealth Managers LTD. grew its holdings in shares of Schwab U.S. Large-Cap Value ETF by 5.9% during the third quarter. Whitaker Myers Wealth Managers LTD. now owns 516,823 shares of the company’s stock worth $15,045,000 after buying an additional 28,754 shares in the last quarter. Perigon Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 3.8% in the third quarter. Perigon Wealth Management LLC now owns 601,972 shares of the company’s stock worth $17,523,000 after buying an additional 21,895 shares in the last quarter. Cadence Wealth Management LLC lifted its stake in shares of Schwab U.S. Large-Cap Value ETF by 9.4% in the third quarter. Cadence Wealth Management LLC now owns 208,213 shares of the company’s stock worth $6,061,000 after buying an additional 17,853 shares in the last quarter. CENTRAL TRUST Co acquired a new position in Schwab U.S. Large-Cap Value ETF during the third quarter worth about $642,000. Finally, Cypress Financial Planning LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF during the 4th quarter valued at about $3,254,000.

Schwab U.S. Large-Cap Value ETF Stock Up 0.3%

Shares of NYSEARCA SCHV traded up $0.09 during trading on Monday, hitting $31.58. The company had a trading volume of 2,489,931 shares, compared to its average volume of 4,732,770. The firm has a market capitalization of $15.40 billion, a price-to-earnings ratio of 19.08 and a beta of 0.85. The stock has a fifty day simple moving average of $31.34 and a two-hundred day simple moving average of $30.19. Schwab U.S. Large-Cap Value ETF has a fifty-two week low of $24.26 and a fifty-two week high of $32.45.

About Schwab U.S. Large-Cap Value ETF

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.