Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 40,291 shares, a growth of 100.9% from the December 15th total of 20,056 shares. Based on an average daily volume of 99,572 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are short sold. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 99,572 shares, the short-interest ratio is currently 0.4 days.

Schwab Ultra-Short Income ETF Stock Performance

NYSEARCA SCUS opened at $25.22 on Thursday. The business has a 50 day simple moving average of $25.20 and a two-hundred day simple moving average of $25.19. Schwab Ultra-Short Income ETF has a 1-year low of $25.04 and a 1-year high of $27.18.

Hedge Funds Weigh In On Schwab Ultra-Short Income ETF

Institutional investors have recently bought and sold shares of the business. Concurrent Investment Advisors LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the 3rd quarter worth about $2,103,000. Kingsview Wealth Management LLC grew its position in Schwab Ultra-Short Income ETF by 23.2% in the second quarter. Kingsview Wealth Management LLC now owns 90,055 shares of the company’s stock worth $2,268,000 after acquiring an additional 16,943 shares in the last quarter. Savvy Advisors Inc. purchased a new position in Schwab Ultra-Short Income ETF in the third quarter worth about $280,000. Mainstream Capital Management LLC increased its stake in Schwab Ultra-Short Income ETF by 88.2% during the second quarter. Mainstream Capital Management LLC now owns 19,483 shares of the company’s stock worth $491,000 after acquiring an additional 9,133 shares during the last quarter. Finally, Anfield Capital Management LLC purchased a new stake in Schwab Ultra-Short Income ETF during the third quarter valued at approximately $53,000.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.