Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) Short Interest Update

Schwab Long-Term U.S. Treasury ETF (NYSEARCA:SCHQ) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 259,198 shares, an increase of 41.2% from the March 15th total of 183,621 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average trading volume of 1,159,493 shares, the days-to-cover ratio is currently 0.2 days.

Schwab Long-Term U.S. Treasury ETF Price Performance

Shares of NYSEARCA SCHQ opened at $31.34 on Friday. The business has a 50-day simple moving average of $31.84 and a two-hundred day simple moving average of $32.06. Schwab Long-Term U.S. Treasury ETF has a fifty-two week low of $30.24 and a fifty-two week high of $33.19.

Institutional Investors Weigh In On Schwab Long-Term U.S. Treasury ETF

Institutional investors have recently added to or reduced their stakes in the business. Carolina Wealth Advisors LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 1,885.9% in the third quarter. Carolina Wealth Advisors LLC now owns 585,782 shares of the company’s stock worth $18,927,000 after acquiring an additional 556,285 shares in the last quarter. Thrivent Financial for Lutherans acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the second quarter worth about $2,010,000. Park Avenue Securities LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 110.4% in the fourth quarter. Park Avenue Securities LLC now owns 388,612 shares of the company’s stock worth $12,319,000 after acquiring an additional 203,907 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Schwab Long-Term U.S. Treasury ETF by 52.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 51,418 shares of the company’s stock worth $1,632,000 after acquiring an additional 17,733 shares in the last quarter. Finally, Smart Money Group LLC acquired a new stake in Schwab Long-Term U.S. Treasury ETF in the third quarter worth about $593,000.

Schwab Long-Term U.S. Treasury ETF Company Profile

The Schwab Long-Term U.S. Treasury ETF (SCHQ) is an exchange-traded fund that is based on the Bloomberg US Long Treasury index. The fund tracks a market-value weighted Index of U.S. Investment-grade Treasury bonds with remaining maturities of 10 years or more. SCHQ was launched on Oct 10, 2019 and is managed by Charles Schwab.