Short Interest in Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Expands By 42.7%

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 255,258 shares, a growth of 42.7% from the December 31st total of 178,939 shares. Based on an average daily volume of 424,560 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 424,560 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently modified their holdings of the company. SYM FINANCIAL Corp purchased a new stake in Schwab Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $35,000. Copperwynd Financial LLC acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter worth $255,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter worth $5,145,462,000. Chapman Financial Group LLC grew its position in shares of Schwab Mortgage-Backed Securities ETF by 35.8% in the third quarter. Chapman Financial Group LLC now owns 24,133 shares of the company’s stock valued at $620,000 after purchasing an additional 6,358 shares during the period. Finally, Triumph Capital Management acquired a new position in Schwab Mortgage-Backed Securities ETF in the third quarter valued at $31,000.

Schwab Mortgage-Backed Securities ETF Price Performance

SMBS stock traded down $0.16 on Monday, reaching $25.65. The company had a trading volume of 493,685 shares, compared to its average volume of 525,171. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.65 and a 1 year high of $26.22. The company’s fifty day moving average is $25.75 and its 200 day moving average is $25.64.

Schwab Mortgage-Backed Securities ETF Company Profile

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.