Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) Short Interest Up 32.2% in January

Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,892,965 shares, a growth of 32.2% from the December 31st total of 2,943,847 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 11,316,494 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 11,316,494 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

Schwab U.S. Large-Cap Growth ETF Price Performance

Shares of NYSEARCA:SCHG opened at $31.44 on Wednesday. The business’s fifty day moving average price is $32.58 and its two-hundred day moving average price is $31.86. Schwab U.S. Large-Cap Growth ETF has a fifty-two week low of $21.37 and a fifty-two week high of $33.74. The stock has a market capitalization of $51.46 billion, a price-to-earnings ratio of 34.24 and a beta of 1.15.

Institutional Investors Weigh In On Schwab U.S. Large-Cap Growth ETF

Hedge funds have recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 12.0% during the third quarter. Envestnet Asset Management Inc. now owns 61,891,690 shares of the company’s stock worth $1,974,964,000 after buying an additional 6,651,144 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Schwab U.S. Large-Cap Growth ETF by 11.0% in the 2nd quarter. Sei Investments Co. now owns 45,745,266 shares of the company’s stock worth $1,336,220,000 after acquiring an additional 4,524,057 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Schwab U.S. Large-Cap Growth ETF by 653.7% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 32,809,028 shares of the company’s stock worth $958,352,000 after acquiring an additional 28,455,790 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Schwab U.S. Large-Cap Growth ETF by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 18,835,687 shares of the company’s stock valued at $549,441,000 after purchasing an additional 1,175,660 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC increased its holdings in Schwab U.S. Large-Cap Growth ETF by 6.5% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 17,067,494 shares of the company’s stock valued at $556,742,000 after purchasing an additional 1,038,388 shares in the last quarter.

About Schwab U.S. Large-Cap Growth ETF

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Growth Total Stock Market Index includes the components ranked 1-750 by full market capitalization and that are classified as growth. The Index is a float-adjusted market capitalization weighted index.