Short Interest in Simplify MBS ETF (NYSEARCA:MTBA) Drops By 64.1%

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 25,343 shares, a drop of 64.1% from the November 30th total of 70,587 shares. Based on an average daily volume of 166,808 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 166,808 shares, the days-to-cover ratio is currently 0.2 days.

Simplify MBS ETF Stock Performance

Shares of MTBA stock traded up $0.02 on Friday, reaching $50.43. 104,197 shares of the stock were exchanged, compared to its average volume of 220,872. The business’s 50 day moving average price is $50.47 and its 200 day moving average price is $50.30. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $50.88.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MTBA. Huntington National Bank raised its position in shares of Simplify MBS ETF by 29.3% during the 2nd quarter. Huntington National Bank now owns 1,078 shares of the company’s stock worth $54,000 after acquiring an additional 244 shares in the last quarter. Cambridge Advisors Inc. raised its holdings in Simplify MBS ETF by 1.6% during the third quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock worth $839,000 after purchasing an additional 258 shares in the last quarter. Tranquilli Financial Advisor LLC lifted its position in shares of Simplify MBS ETF by 2.0% during the 3rd quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after buying an additional 265 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Simplify MBS ETF by 37.0% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the company’s stock worth $62,000 after buying an additional 336 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its holdings in shares of Simplify MBS ETF by 1.9% in the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after buying an additional 343 shares in the last quarter.

About Simplify MBS ETF

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.