Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Short Interest Update
by Doug Wharley · The Cerbat GemSchwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 150,087 shares, a growth of 188.3% from the May 31st total of 52,053 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 182,106 shares, the short-interest ratio is currently 0.8 days.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Mutual Advisors LLC lifted its stake in Schwab 1-5 Year Corporate Bond ETF by 0.9% in the fourth quarter. Mutual Advisors LLC now owns 52,891 shares of the company’s stock valued at $1,317,000 after buying an additional 483 shares during the last quarter. Seek First Inc. grew its position in shares of Schwab 1-5 Year Corporate Bond ETF by 1.7% during the fourth quarter. Seek First Inc. now owns 33,676 shares of the company’s stock worth $839,000 after acquiring an additional 553 shares during the last quarter. Mayflower Financial Advisors LLC grew its position in shares of Schwab 1-5 Year Corporate Bond ETF by 6.2% during the fourth quarter. Mayflower Financial Advisors LLC now owns 10,907 shares of the company’s stock worth $272,000 after acquiring an additional 633 shares during the last quarter. Compound Planning Inc. increased its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 2.3% in the 1st quarter. Compound Planning Inc. now owns 29,097 shares of the company’s stock valued at $719,000 after acquiring an additional 661 shares during the period. Finally, Sanctuary Advisors LLC increased its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 1.0% in the 4th quarter. Sanctuary Advisors LLC now owns 81,332 shares of the company’s stock valued at $2,025,000 after acquiring an additional 819 shares during the period.
Schwab 1-5 Year Corporate Bond ETF Stock Performance
Shares of SCHJ remained flat at $24.69 during midday trading on Monday. The stock had a trading volume of 239,253 shares, compared to its average volume of 211,958. The firm has a fifty day simple moving average of $24.66 and a 200-day simple moving average of $24.79. Schwab 1-5 Year Corporate Bond ETF has a twelve month low of $24.52 and a twelve month high of $25.05.
Schwab 1-5 Year Corporate Bond ETF Company Profile
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.