Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) Sees Large Increase in Short Interest

Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV) was the recipient of a large increase in short interest in February. As of February 13th, there was short interest totaling 390,097 shares, an increase of 84.0% from the January 29th total of 212,031 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 4,265,638 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 4,265,638 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Schwab U.S. Large-Cap Value ETF Trading Down 0.0%

NYSEARCA:SCHV opened at $32.23 on Monday. Schwab U.S. Large-Cap Value ETF has a 12-month low of $23.08 and a 12-month high of $32.45. The firm has a market cap of $15.49 billion, a price-to-earnings ratio of 19.08 and a beta of 0.90. The company’s 50-day moving average is $31.06 and its two-hundred day moving average is $29.73.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. JPL Wealth Management LLC acquired a new stake in shares of Schwab U.S. Large-Cap Value ETF during the third quarter worth $26,000. Laurel Wealth Advisors LLC acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth about $27,000. IFC & Insurance Marketing Inc. acquired a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter worth about $38,000. Total Investment Management Inc. purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 2nd quarter valued at about $41,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in Schwab U.S. Large-Cap Value ETF in the 4th quarter valued at about $47,000.

Schwab U.S. Large-Cap Value ETF Company Profile

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