iShares MBS ETF (NASDAQ:MBB) Short Interest Up 69.6% in August

iShares MBS ETF (NASDAQ:MBB) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,314,215 shares, an increase of 69.6% from the August 15th total of 1,954,158 shares. Based on an average trading volume of 3,758,222 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the company’s shares are short sold.

Hedge Funds Weigh In On iShares MBS ETF

Hedge funds have recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of iShares MBS ETF in the first quarter valued at approximately $138,835,000. LPL Financial LLC increased its holdings in shares of iShares MBS ETF by 4.1% in the 4th quarter. LPL Financial LLC now owns 27,903,169 shares of the company’s stock valued at $2,656,940,000 after purchasing an additional 1,104,895 shares in the last quarter. TIAA Trust National Association lifted its stake in shares of iShares MBS ETF by 2.5% in the fourth quarter. TIAA Trust National Association now owns 26,010,786 shares of the company’s stock valued at $2,479,899,000 after purchasing an additional 646,390 shares during the period. Rodgers & Associates LTD acquired a new stake in shares of iShares MBS ETF in the second quarter valued at about $37,987,000. Finally, Tsfg LLC purchased a new stake in iShares MBS ETF during the second quarter worth about $9,505,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

iShares MBS ETF Stock Down 0.0%

NASDAQ MBB traded down $0.02 on Wednesday, reaching $91.22. The stock had a trading volume of 2,135,830 shares, compared to its average volume of 2,505,354. The stock has a fifty day moving average price of $93.02 and a two-hundred day moving average price of $94.10. iShares MBS ETF has a 12-month low of $91.02 and a 12-month high of $96.96.

iShares MBS ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a $0.3388 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

About iShares MBS ETF

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).