Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Large Growth in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 140,920 shares, a growth of 203.2% from the August 31st total of 46,477 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily volume of 635,899 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada bought a new position in Angel Oak Mortgage-Backed Securities ETF in the 1st quarter valued at $51,000. RFG Advisory LLC increased its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 5.0% in the first quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock worth $1,173,000 after purchasing an additional 6,393 shares during the period. NewEdge Advisors LLC raised its position in shares of Angel Oak Mortgage-Backed Securities ETF by 1.0% in the first quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock worth $6,728,000 after buying an additional 7,586 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the first quarter worth $105,000. Finally, Weaver Consulting Group purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 4th quarter valued at about $271,000.

Angel Oak Mortgage-Backed Securities ETF Price Performance

NASDAQ MBS remained flat at $8.30 during trading hours on Friday. The company’s stock had a trading volume of 195,512 shares, compared to its average volume of 121,396. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.27 and a fifty-two week high of $9.16. The company’s 50 day moving average is $8.50 and its 200 day moving average is $8.61.

Angel Oak Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Monday, August 31st were given a $0.0341 dividend. This represents a $0.41 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Monday, August 31st.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.