Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI) Shares Shorted: Short Interest Down 94.7% in October

by · The Markets Daily

Schwab 5-10 Year Corporate Bond ETF (NYSEARCA:SCHI – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 33,523 shares, a decline of 94.7% from the September 30th total of 634,803 shares. Based on an average trading volume of 3,664,345 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Schwab 5-10 Year Corporate Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC lifted its holdings in shares of Schwab 5-10 Year Corporate Bond ETF by 223.3% in the second quarter. Citadel Advisors LLC now owns 1,008,679 shares of the company’s stock valued at $22,836,000 after purchasing an additional 696,650 shares in the last quarter. BRIA Capital Group LLC purchased a new position in shares of Schwab 5-10 Year Corporate Bond ETF during the third quarter valued at approximately $8,796,000. Wealth Forward LLC boosted its position in shares of Schwab 5-10 Year Corporate Bond ETF by 2,031.4% during the third quarter. Wealth Forward LLC now owns 251,483 shares of the company’s stock valued at $5,392,000 after buying an additional 239,684 shares during the last quarter. RCS Financial Planning LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the third quarter worth $4,052,000. Finally, 21 West Wealth Management LLC bought a new stake in Schwab 5-10 Year Corporate Bond ETF during the third quarter worth $3,183,000.

Schwab 5-10 Year Corporate Bond ETF Stock Up 0.1%

Shares of Schwab 5-10 Year Corporate Bond ETF stock traded up $0.02 during trading on Monday, reaching $21.72. 2,364,467 shares of the company traded hands, compared to its average volume of 2,815,257. Schwab 5-10 Year Corporate Bond ETF has a 1-year low of $21.24 and a 1-year high of $23.28. The company has a 50 day moving average price of $21.81 and a 200-day moving average price of $22.48.

Schwab 5-10 Year Corporate Bond ETF Company Profile

(Get Free Report)

The Schwab 5-10 Year Corporate Bond ETF (SCHI) 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 intermediate maturities of 5-10 years. SCHI was launched on Oct 10, 2019 and is managed by Charles Schwab.

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