Schwab Government Money Market ETF (NYSEARCA:SGVT) Short Interest Update

by · The Markets Daily

Schwab Government Money Market ETF (NYSEARCA:SGVT – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 51,959 shares, an increase of 109.7% from the May 14th total of 24,776 shares. Based on an average daily trading volume, of 193,576 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the company’s shares are short sold.

Schwab Government Money Market ETF Stock Up 0.0%

NYSEARCA:SGVT traded up $0.03 during mid-day trading on Friday, reaching $100.61. The company’s stock had a trading volume of 338,515 shares, compared to its average volume of 256,797. The company’s fifty day simple moving average is $100.62 and its two-hundred day simple moving average is $100.59. Schwab Government Money Market ETF has a twelve month low of $100.02 and a twelve month high of $100.77.

Institutional Investors Weigh In On Schwab Government Money Market ETF

Hedge funds have recently modified their holdings of the stock. Wolfstich Capital LLC purchased a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $316,000. North Berkeley Wealth Management LLC purchased a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $22,568,000. Uptick Partners LLC increased its holdings in Schwab Government Money Market ETF by 408.9% during the 4th quarter. Uptick Partners LLC now owns 144,540 shares of the company’s stock worth $14,524,000 after purchasing an additional 116,138 shares during the last quarter. Jane Street Group LLC purchased a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $10,156,000. Finally, Addison Capital Co purchased a new stake in Schwab Government Money Market ETF during the 4th quarter worth approximately $9,149,000.

Schwab Government Money Market ETF Company Profile

(Get Free Report)

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.

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