Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Stock Short Interest Report for September

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 432,706 shares, a growth of 180.2% from the September 15th total of 154,426 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,236,791 shares, the days-to-cover ratio is presently 0.3 days.

Schwab Mortgage-Backed Securities ETF Trading Up 0.4%

Schwab Mortgage-Backed Securities ETF stock traded up $0.10 during mid-day trading on Tuesday, reaching $24.17. The stock had a trading volume of 4,951,734 shares, compared to its average volume of 814,002. The stock’s 50-day simple moving average is $24.62 and its 200-day simple moving average is $25.10. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $23.80 and a fifty-two week high of $26.12.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

A number of institutional investors have recently added to or reduced their stakes in SMBS. Schwallier Wealth Management LLC bought a new stake in shares of Schwab Mortgage-Backed Securities ETF in the first quarter valued at $4,502,000. Citadel Advisors LLC grew its holdings in shares of Schwab Mortgage-Backed Securities ETF by 129.9% during the second quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock worth $4,103,000 after purchasing an additional 91,198 shares in the last quarter. Bank of America Corp DE lifted its stake in Schwab Mortgage-Backed Securities ETF by 1,293,500.0% during the first quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock worth $661,000 after purchasing an additional 25,870 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in Schwab Mortgage-Backed Securities ETF during the third quarter valued at about $416,000. Finally, CoreCap Advisors LLC increased its position in shares of Schwab Mortgage-Backed Securities ETF by 382.2% in the third quarter. CoreCap Advisors LLC now owns 15,137 shares of the company’s stock valued at $363,000 after acquiring an additional 11,998 shares during the period.

About Schwab Mortgage-Backed Securities ETF

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.