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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 78,286 shares, a growth of 410.3% from the March 15th total of 15,342 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 775,551 shares, the days-to-cover ratio is presently 0.1 days.

Schwab Mortgage-Backed Securities ETF Trading Down 0.1%

SMBS opened at $25.58 on Monday. Schwab Mortgage-Backed Securities ETF has a 1-year low of $24.65 and a 1-year high of $26.22. The company has a 50 day simple moving average of $25.71 and a two-hundred day simple moving average of $25.74.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

A number of institutional investors have recently modified their holdings of the company. Howe & Rusling Inc. purchased a new position in Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $26,000. Aptus Capital Advisors LLC raised its position in Schwab Mortgage-Backed Securities ETF by 165.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock worth $27,000 after buying an additional 648 shares during the last quarter. Triumph Capital Management purchased a new position in Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $31,000. Bank of America Corp DE raised its position in Schwab Mortgage-Backed Securities ETF by 372.6% during the 3rd quarter. Bank of America Corp DE now owns 1,706 shares of the company’s stock worth $44,000 after buying an additional 1,345 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Schwab Mortgage-Backed Securities ETF by 451.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock worth $45,000 after buying an additional 1,421 shares during the last quarter.

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.