Short Interest in iShares MBS ETF (NASDAQ:MBB) Rises By 69.6%

iShares MBS ETF (NASDAQ:MBB) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 3,314,215 shares, a growth of 69.6% from the August 15th total of 1,954,158 shares. Based on an average daily volume of 3,758,222 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the company’s shares are short sold.

Institutional Trading of iShares MBS ETF

A number of institutional investors have recently made changes to their positions in the stock. Talon Private Wealth LLC grew its holdings in iShares MBS ETF by 1.3% in the 2nd quarter. Talon Private Wealth LLC now owns 260,720 shares of the company’s stock worth $24,643,000 after acquiring an additional 3,219 shares during the last quarter. Tidal Investments LLC grew its stake in shares of iShares MBS ETF by 47.1% in the second quarter. Tidal Investments LLC now owns 29,567 shares of the company’s stock worth $2,785,000 after purchasing an additional 9,461 shares during the last quarter. Capital Analysts LLC increased its holdings in iShares MBS ETF by 21.6% during the 2nd quarter. Capital Analysts LLC now owns 82,871 shares of the company’s stock valued at $7,833,000 after purchasing an additional 14,709 shares during the period. Integrated Wealth Concepts LLC raised its position in iShares MBS ETF by 3.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 175,469 shares of the company’s stock valued at $16,585,000 after purchasing an additional 6,131 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in iShares MBS ETF by 20.5% in the 2nd quarter. NewEdge Advisors LLC now owns 984,369 shares of the company’s stock worth $93,043,000 after buying an additional 167,127 shares during the period. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Performance

iShares MBS ETF stock traded up $0.59 during mid-day trading on Thursday, hitting $91.81. The company’s stock had a trading volume of 1,992,481 shares, compared to its average volume of 2,502,472. The business has a 50 day moving average price of $93.02 and a 200-day moving average price of $94.10. iShares MBS ETF has a 12 month low of $91.02 and a 12 month high of $96.96.

iShares MBS ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a dividend of $0.3388 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.4%.

About iShares MBS ETF

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).