Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) Short Interest Update

Schwab Ultra-Short Income ETF (NYSEARCA:SCUS) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 30,906 shares, a growth of 3,744.0% from the June 30th total of 804 shares. Based on an average daily trading volume, of 100,096 shares, the short-interest ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are short sold.

Schwab Ultra-Short Income ETF Stock Performance

NYSEARCA:SCUS traded up $0.01 on Friday, reaching $25.16. The stock had a trading volume of 168,313 shares, compared to its average volume of 114,500. The company has a 50-day moving average of $25.15 and a 200 day moving average of $25.18. Schwab Ultra-Short Income ETF has a 12-month low of $25.10 and a 12-month high of $25.33.

Institutional Investors Weigh In On Schwab Ultra-Short Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SCUS. James Investment Research Inc. acquired a new stake in shares of Schwab Ultra-Short Income ETF during the fourth quarter worth approximately $296,000. Savvy Advisors Inc. grew its holdings in Schwab Ultra-Short Income ETF by 57.9% during the 4th quarter. Savvy Advisors Inc. now owns 17,497 shares of the company’s stock worth $441,000 after acquiring an additional 6,418 shares in the last quarter. WealthPLAN Partners LLC bought a new stake in shares of Schwab Ultra-Short Income ETF in the 4th quarter worth about $536,000. Waverly Advisors LLC raised its stake in shares of Schwab Ultra-Short Income ETF by 13.2% in the 1st quarter. Waverly Advisors LLC now owns 26,356 shares of the company’s stock valued at $664,000 after purchasing an additional 3,079 shares in the last quarter. Finally, January Capital Advisors LLC acquired a new stake in shares of Schwab Ultra-Short Income ETF in the 1st quarter valued at about $686,000.

About Schwab Ultra-Short Income ETF

The Schwab Ultra-Short Income ETF (SCUS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in US dollar-denominated, investment grade, short-term debt securities from both domestic and foreign issuers. The fund aims for current income and capital preservation, maintaining a portfolio duration of one year or less SCUS was launched on Aug 13, 2024 and is issued by Charles Schwab.