Schwab US Large-Cap ETF (NYSEARCA:SCHX) Short Interest Down 29.4% in December
by Amy Steele · The Cerbat GemSchwab US Large-Cap ETF (NYSEARCA:SCHX – Get Free Report) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 1,406,977 shares, a drop of 29.4% from the November 30th total of 1,993,500 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 22,633,549 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 22,633,549 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Crews Bank & Trust bought a new stake in Schwab US Large-Cap ETF during the second quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new stake in Schwab US Large-Cap ETF in the 3rd quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. boosted its stake in Schwab US Large-Cap ETF by 61.2% in the third quarter. DiNuzzo Private Wealth Inc. now owns 1,093 shares of the company’s stock worth $28,000 after buying an additional 415 shares in the last quarter. S.A. Mason LLC bought a new position in Schwab US Large-Cap ETF during the second quarter valued at approximately $29,000. Finally, Moser Wealth Advisors LLC purchased a new position in shares of Schwab US Large-Cap ETF during the second quarter worth approximately $32,000.
Schwab US Large-Cap ETF Price Performance
NYSEARCA SCHX traded down $0.09 during trading on Monday, reaching $27.16. The company’s stock had a trading volume of 10,661,118 shares, compared to its average volume of 13,627,479. The firm has a fifty day moving average of $26.80 and a 200 day moving average of $25.86. Schwab US Large-Cap ETF has a one year low of $19.00 and a one year high of $27.30. The stock has a market capitalization of $63.07 billion, a PE ratio of 25.66 and a beta of 1.01.
Schwab US Large-Cap ETF Company Profile
Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization. The Index is a float-adjusted market capitalization weighted index. The types of derivatives used by the Fund are options, futures, options on futures and swaps.