iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 24,431 shares, an increase of 472.3% from the September 30th total of 4,269 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 69,401 shares, the days-to-cover ratio is currently 0.4 days.
iShares CMBS ETF Stock Down 0.0%
NYSEARCA CMBS opened at $47.67 on Tuesday. The company has a 50-day simple moving average of $47.76 and a 200-day simple moving average of $48.55. iShares CMBS ETF has a one year low of $47.09 and a one year high of $49.89.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Arvest Investments Inc. bought a new stake in shares of iShares CMBS ETF in the 3rd quarter valued at $24,744,000. Central Bank & Trust Co. bought a new stake in iShares CMBS ETF in the 3rd quarter valued at about $9,201,000. Cetera Investment Advisers lifted its position in shares of iShares CMBS ETF by 15.5% during the 1st quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock valued at $7,476,000 after acquiring an additional 20,631 shares during the period. Krilogy Financial LLC increased its stake in iShares CMBS ETF by 3.0% in the third quarter. Krilogy Financial LLC now owns 75,129 shares of the company’s stock valued at $3,563,000 after acquiring an additional 2,173 shares during the last quarter. Finally, Hidden Cove Wealth Management LLC bought a new position in iShares CMBS ETF in the 3rd quarter valued at approximately $2,613,000.
iShares CMBS ETF Company Profile
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.
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