Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Grows By 32.0%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 42,487 shares, an increase of 32.0% from the February 12th total of 32,191 shares. Based on an average daily volume of 54,752 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 54,752 shares, the days-to-cover ratio is presently 0.8 days.

Angel Oak Mortgage-Backed Securities ETF Trading Up 0.3%

NASDAQ:MBS opened at $8.77 on Tuesday. The stock has a 50 day moving average of $8.79 and a two-hundred day moving average of $8.77. Angel Oak Mortgage-Backed Securities ETF has a 12 month low of $8.46 and a 12 month high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 27th were issued a $0.0311 dividend. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently bought and sold shares of MBS. United Asset Strategies Inc. boosted its stake in Angel Oak Mortgage-Backed Securities ETF by 6.2% during the third quarter. United Asset Strategies Inc. now owns 99,589 shares of the company’s stock worth $869,000 after buying an additional 5,839 shares during the last quarter. Benjamin Edwards Inc. boosted its position in shares of Angel Oak Mortgage-Backed Securities ETF by 12.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after acquiring an additional 7,177 shares during the last quarter. RFG Advisory LLC grew its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 9.4% in the fourth quarter. RFG Advisory LLC now owns 129,079 shares of the company’s stock valued at $1,129,000 after purchasing an additional 11,142 shares during the period. First Financial Bankshares Inc acquired a new stake in Angel Oak Mortgage-Backed Securities ETF during the third quarter worth about $152,000. Finally, Envestnet Asset Management Inc. acquired a new stake in Angel Oak Mortgage-Backed Securities ETF during the third quarter worth about $197,000.

About Angel Oak Mortgage-Backed Securities ETF

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.