Schwab US Broad Market ETF (NYSEARCA:SCHB) Short Interest Up 45.5% in January

Schwab US Broad Market ETF (NYSEARCA:SCHB) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,727,527 shares, an increase of 45.5% from the December 31st total of 1,874,723 shares. Based on an average daily volume of 7,164,719 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 7,164,719 shares, the short-interest ratio is presently 0.4 days.

Schwab US Broad Market ETF Price Performance

Schwab US Broad Market ETF stock opened at $26.79 on Tuesday. The stock has a market cap of $39.02 billion, a price-to-earnings ratio of 25.08 and a beta of 1.02. The firm has a 50-day moving average of $26.46 and a two-hundred day moving average of $25.72. Schwab US Broad Market ETF has a 1 year low of $18.52 and a 1 year high of $26.94.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of Schwab US Broad Market ETF by 1,209.6% in the fourth quarter. Brighton Jones LLC now owns 228,625 shares of the company’s stock valued at $5,190,000 after acquiring an additional 211,168 shares in the last quarter. Revolve Wealth Partners LLC increased its position in Schwab US Broad Market ETF by 197.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 21,510 shares of the company’s stock valued at $488,000 after purchasing an additional 14,279 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Schwab US Broad Market ETF by 50.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,549,572 shares of the company’s stock valued at $33,362,000 after purchasing an additional 518,984 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Schwab US Broad Market ETF by 7.4% in the 2nd quarter. Janney Montgomery Scott LLC now owns 128,548 shares of the company’s stock worth $3,063,000 after purchasing an additional 8,897 shares during the period. Finally, PFG Investments LLC bought a new position in shares of Schwab US Broad Market ETF during the second quarter valued at approximately $368,000.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available. The types of derivatives used by the Fund are options, futures, options on futures and swaps.