Simplify MBS ETF (NYSEARCA:MTBA) Sees Large Drop in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 17,483 shares, a decrease of 50.0% from the August 31st total of 34,933 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 499,080 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Simplify MBS ETF

Several institutional investors and hedge funds have recently modified their holdings of MTBA. Harbour Investments Inc. grew its holdings in Simplify MBS ETF by 105.3% during the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after acquiring an additional 1,323 shares during the period. Realta Investment Advisors acquired a new position in Simplify MBS ETF in the first quarter valued at approximately $168,000. Rockefeller Capital Management L.P. lifted its holdings in Simplify MBS ETF by 275.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,750 shares of the company’s stock valued at $189,000 after acquiring an additional 2,750 shares during the period. OneAscent Family Office LLC purchased a new stake in Simplify MBS ETF in the 4th quarter worth approximately $202,000. Finally, Founders Financial Securities LLC boosted its position in Simplify MBS ETF by 4.5% in the 1st quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock worth $284,000 after purchasing an additional 246 shares in the last quarter.

Simplify MBS ETF Trading Down 0.1%

Shares of Simplify MBS ETF stock traded down $0.04 during trading on Tuesday, hitting $46.76. 11,580 shares of the company’s stock were exchanged, compared to its average volume of 225,131. The business has a 50-day simple moving average of $48.31 and a 200-day simple moving average of $48.97. Simplify MBS ETF has a 52-week low of $46.71 and a 52-week high of $50.80.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.