Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) Sees Large Growth in Short Interest

Schwab 1-5 Year Corporate Bond ETF (NYSEARCA:SCHJ) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 124,200 shares, agrowthof511.8% from the July 15th total of 20,300 shares. Based on an average daily volume of 122,100 shares, the short-interest ratio is currently 1.0 days. Approximately0.6% of the shares of the company are sold short. Approximately0.6% of the shares of the company are sold short. Based on an average daily volume of 122,100 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Schwab 1-5 Year Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in SCHJ. Farther Finance Advisors LLC increased its position in Schwab 1-5 Year Corporate Bond ETF by 3.8% during the first quarter. Farther Finance Advisors LLC now owns 17,297 shares of the company’s stock valued at $425,000 after acquiring an additional 629 shares during the last quarter. CoreCap Advisors LLC increased its holdings in Schwab 1-5 Year Corporate Bond ETF by 99.9% during the 4th quarter. CoreCap Advisors LLC now owns 1,553 shares of the company’s stock worth $38,000 after purchasing an additional 776 shares during the period. Coppell Advisory Solutions LLC raised its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 100.0% in the fourth quarter. Coppell Advisory Solutions LLC now owns 1,720 shares of the company’s stock valued at $42,000 after acquiring an additional 860 shares in the last quarter. Cahill Financial Advisors Inc. raised its holdings in shares of Schwab 1-5 Year Corporate Bond ETF by 2.4% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 37,997 shares of the company’s stock valued at $943,000 after purchasing an additional 906 shares in the last quarter. Finally, Van Strum & Towne Inc. lifted its holdings in Schwab 1-5 Year Corporate Bond ETF by 0.8% during the first quarter. Van Strum & Towne Inc. now owns 127,052 shares of the company’s stock worth $3,131,000 after buying an additional 967 shares during the period.

Schwab 1-5 Year Corporate Bond ETF Price Performance

Shares of SCHJ opened at $24.84 on Friday. Schwab 1-5 Year Corporate Bond ETF has a 12-month low of $24.23 and a 12-month high of $24.87. The business’s 50 day moving average is $24.72 and its 200 day moving average is $24.61.

Schwab 1-5 Year Corporate Bond ETF Company Profile

The Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of USD-denominated investment-grade corporate bonds with short-term maturities of 1-5 years. SCHJ was launched on Oct 10, 2019 and is managed by Charles Schwab.