iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 11,796 shares, an increase of 174.8% from the July 30th total of 4,292 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 45,601 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. MidAtlantic Capital Management Inc. bought a new stake in iShares CMBS ETF during the fourth quarter worth approximately $42,000. Rogco LP bought a new stake in shares of iShares CMBS ETF in the 2nd quarter valued at approximately $43,000. Aptus Capital Advisors LLC bought a new stake in shares of iShares CMBS ETF in the 3rd quarter valued at approximately $49,000. Wealthcare Advisory Partners LLC lifted its stake in shares of iShares CMBS ETF by 3.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock valued at $315,000 after purchasing an additional 214 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of iShares CMBS ETF by 40.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock worth $345,000 after purchasing an additional 2,025 shares during the period.
iShares CMBS ETF Trading Down 0.1%
CMBS stock opened at $48.38 on Friday. iShares CMBS ETF has a 52 week low of $47.99 and a 52 week high of $50.09. The company has a fifty day simple moving average of $48.40 and a two-hundred day simple moving average of $48.71.
iShares CMBS ETF Company Profile
The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.
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