iShares MBS ETF (NASDAQ:MBB) Short Interest Update

iShares MBS ETF (NASDAQ:MBB) saw a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,610,000 shares, an increase of 126.5% from the January 31st total of 710,800 shares. Based on an average trading volume of 2,652,500 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On iShares MBS ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Hobbs Group Advisors LLC lifted its stake in shares of iShares MBS ETF by 115.5% in the 3rd quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock valued at $27,000 after purchasing an additional 149 shares during the period. MeadowBrook Investment Advisors LLC lifted its stake in iShares MBS ETF by 413.5% in the third quarter. MeadowBrook Investment Advisors LLC now owns 380 shares of the company’s stock valued at $36,000 after buying an additional 306 shares during the period. Truvestments Capital LLC bought a new position in iShares MBS ETF during the fourth quarter worth about $36,000. Key Financial Inc grew its position in shares of iShares MBS ETF by 4,220.0% during the 4th quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares during the period. Finally, Activest Wealth Management bought a new stake in shares of iShares MBS ETF in the 4th quarter valued at about $58,000. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.4 %

Shares of MBB traded up $0.41 during trading hours on Friday, hitting $94.08. 3,620,900 shares of the stock traded hands, compared to its average volume of 2,531,558. The business has a fifty day moving average of $91.92 and a 200-day moving average of $93.39. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76.

iShares MBS ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.3414 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

iShares MBS ETF Company Profile

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).