iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Up 38.9% in August

iShares CMBS ETF (NYSEARCA:CMBS) was the target of a significant increase in short interest in the month of August. As of August 15th, there was short interest totaling 89,600 shares, an increase of 38.9% from the July 31st total of 64,500 shares. Based on an average trading volume of 47,600 shares, the days-to-cover ratio is presently 1.9 days. Based on an average trading volume of 47,600 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its stake in iShares CMBS ETF by 1,491.6% in the 4th quarter. Citadel Advisors LLC now owns 181,996 shares of the company’s stock worth $8,590,000 after buying an additional 170,561 shares during the last quarter. Tidal Investments LLC boosted its stake in iShares CMBS ETF by 9.5% in the 4th quarter. Tidal Investments LLC now owns 31,180 shares of the company’s stock worth $1,472,000 after buying an additional 2,710 shares during the last quarter. City Center Advisors LLC boosted its stake in iShares CMBS ETF by 10.9% in the 1st quarter. City Center Advisors LLC now owns 5,229 shares of the company’s stock worth $251,000 after buying an additional 514 shares during the last quarter. Tounjian Advisory Partners LLC acquired a new stake in shares of iShares CMBS ETF in the first quarter worth $696,000. Finally, Arvest Investments Inc. increased its position in shares of iShares CMBS ETF by 1.8% in the first quarter. Arvest Investments Inc. now owns 444,995 shares of the company’s stock worth $21,360,000 after acquiring an additional 7,957 shares in the last quarter.

iShares CMBS ETF Trading Up 0.2%

Shares of iShares CMBS ETF stock opened at $49.26 on Wednesday. iShares CMBS ETF has a 52-week low of $46.74 and a 52-week high of $50.09. The company’s 50-day simple moving average is $48.65 and its 200-day simple moving average is $48.27.

About iShares CMBS ETF

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.