Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Down 96.5% in August

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 4,785 shares, a decline of 96.5% from the July 30th total of 136,811 shares. Based on an average trading volume of 542,655 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Schwab Mortgage-Backed Securities ETF Stock Down 0.2%

Shares of NYSEARCA:SMBS traded down $0.05 on Wednesday, hitting $25.11. 145,537 shares of the company’s stock were exchanged, compared to its average volume of 662,615. The business’s 50 day simple moving average is $25.17 and its two-hundred day simple moving average is $25.43. Schwab Mortgage-Backed Securities ETF has a 12 month low of $24.91 and a 12 month high of $26.12.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SMBS. Aptus Capital Advisors LLC grew its holdings in Schwab Mortgage-Backed Securities ETF by 165.3% in the third quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock worth $27,000 after purchasing an additional 648 shares during the last quarter. Triumph Capital Management acquired a new position in Schwab Mortgage-Backed Securities ETF during the third quarter valued at $31,000. Bank of America Corp DE boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 372.6% in the third quarter. Bank of America Corp DE now owns 1,706 shares of the company’s stock worth $44,000 after buying an additional 1,345 shares during the last quarter. Wells Fargo & Company MN boosted its position in Schwab Mortgage-Backed Securities ETF by 451.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock worth $45,000 after purchasing an additional 1,421 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in Schwab Mortgage-Backed Securities ETF during the second quarter valued at $49,000.

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.