Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 4,785 shares, a decline of 96.5% from the July 30th total of 136,811 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 542,655 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SMBS. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab Mortgage-Backed Securities ETF by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 222,649,093 shares of the company’s stock valued at $5,716,516,000 after buying an additional 11,574,326 shares during the period. Schwallier Wealth Management LLC purchased a new position in Schwab Mortgage-Backed Securities ETF during the 1st quarter valued at about $4,502,000. JPMorgan Chase & Co. purchased a new position in Schwab Mortgage-Backed Securities ETF during the 2nd quarter valued at about $3,613,000. Jane Street Group LLC increased its stake in Schwab Mortgage-Backed Securities ETF by 349.1% during the second quarter. Jane Street Group LLC now owns 73,568 shares of the company’s stock worth $1,874,000 after purchasing an additional 57,186 shares during the period. Finally, CacheTech Inc. increased its stake in Schwab Mortgage-Backed Securities ETF by 7.6% during the third quarter. CacheTech Inc. now owns 379,625 shares of the company’s stock worth $9,760,000 after purchasing an additional 26,827 shares during the period.

Schwab Mortgage-Backed Securities ETF Stock Performance

Shares of NYSEARCA:SMBS traded up $0.11 during mid-day trading on Tuesday, reaching $25.16. 878,846 shares of the company were exchanged, compared to its average volume of 665,919. The firm’s 50-day simple moving average is $25.17 and its 200 day simple moving average is $25.43. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.91 and a 1 year high of $26.12.

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.