Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Update

by · The Markets Daily

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 150,087 shares, an increase of 188.3% from the May 31st total of 52,053 shares. Based on an average daily volume of 182,106 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.5% of the shares of the company are short sold.

Schwab 1-5 Year Corporate Bond ETF Trading Down 0.1%

Shares of NYSEARCA SCHJ traded down $0.02 during mid-day trading on Tuesday, reaching $24.67. 70,867 shares of the company’s stock were exchanged, compared to its average volume of 210,750. Schwab 1-5 Year Corporate Bond ETF has a 52 week low of $24.52 and a 52 week high of $25.05. The firm has a 50-day moving average price of $24.65 and a two-hundred day moving average price of $24.78.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. Hartline Investment Corp boosted its stake in Schwab 1-5 Year Corporate Bond ETF by 2,999.5% in the fourth quarter. Hartline Investment Corp now owns 577,290 shares of the company’s stock valued at $14,375,000 after acquiring an additional 558,665 shares during the last quarter. Waverly Advisors LLC purchased a new stake in shares of Schwab 1-5 Year Corporate Bond ETF during the 1st quarter worth approximately $4,659,000. SlateStone Wealth LLC raised its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 65.6% in the 4th quarter. SlateStone Wealth LLC now owns 342,171 shares of the company’s stock worth $8,520,000 after purchasing an additional 135,514 shares during the period. Sightline Wealth Advisors LLC raised its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 79.5% in the 4th quarter. Sightline Wealth Advisors LLC now owns 250,184 shares of the company’s stock worth $6,230,000 after purchasing an additional 110,827 shares during the period. Finally, Brand Asset Management Group Inc. bought a new stake in shares of Schwab 1-5 Year Corporate Bond ETF in the 3rd quarter worth approximately $2,098,000.

About Schwab 1-5 Year Corporate Bond ETF

(Get Free Report)

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.

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