iShares MBS ETF (NASDAQ:MBB) Sees Significant Increase in Short Interest

iShares MBS ETF (NASDAQ:MBB) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 3,268,802 shares, an increase of 82.4% from the January 29th total of 1,792,532 shares. Based on an average daily volume of 2,740,571 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 2,740,571 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Delos Wealth Advisors LLC acquired a new position in shares of iShares MBS ETF in the 2nd quarter valued at approximately $26,000. Howe & Rusling Inc. increased its stake in shares of iShares MBS ETF by 184.0% in the third quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after buying an additional 184 shares during the last quarter. ESL Trust Services LLC acquired a new stake in iShares MBS ETF in the fourth quarter valued at $28,000. Tsfg LLC boosted its stake in iShares MBS ETF by 106.8% during the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock valued at $31,000 after acquiring an additional 173 shares during the last quarter. Finally, Westfuller Advisors LLC acquired a new position in iShares MBS ETF during the 3rd quarter worth $33,000. Hedge funds and other institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.2%

MBB opened at $96.91 on Monday. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.97. The company has a fifty day simple moving average of $95.71 and a 200 day simple moving average of $95.32.

iShares MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.3347 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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).