Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Up 42.7% in January

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 255,258 shares, an increase of 42.7% from the December 31st total of 178,939 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 424,560 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 424,560 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. SYM FINANCIAL Corp bought a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter valued at about $35,000. Copperwynd Financial LLC bought a new position in Schwab Mortgage-Backed Securities ETF in the 2nd quarter valued at $255,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF in the second quarter worth $5,145,462,000. Triumph Capital Management bought a new position in Schwab Mortgage-Backed Securities ETF in the 3rd quarter worth about $31,000. Finally, Chapman Financial Group LLC raised its holdings in shares of Schwab Mortgage-Backed Securities ETF by 35.8% in the 3rd quarter. Chapman Financial Group LLC now owns 24,133 shares of the company’s stock valued at $620,000 after acquiring an additional 6,358 shares in the last quarter.

Schwab Mortgage-Backed Securities ETF Stock Down 0.6%

Shares of SMBS stock opened at $25.65 on Tuesday. Schwab Mortgage-Backed Securities ETF has a 52-week low of $24.65 and a 52-week high of $26.22. The company has a 50-day simple moving average of $25.75 and a two-hundred day simple moving average of $25.64.

About Schwab Mortgage-Backed Securities ETF

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.