Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Sees Significant Increase in Short Interest

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 148,150 shares, an increase of 89.2% from the March 31st total of 78,286 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 662,668 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Several hedge funds have recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC lifted its holdings 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 purchasing an additional 648 shares during the last quarter. Summit Financial LLC lifted its holdings in Schwab Mortgage-Backed Securities ETF by 0.6% during the 4th quarter. Summit Financial LLC now owns 106,922 shares of the company’s stock worth $2,745,000 after purchasing an additional 655 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $26,000. Chapman Financial Group LLC lifted its holdings in Schwab Mortgage-Backed Securities ETF by 4.8% during the 4th quarter. Chapman Financial Group LLC now owns 25,281 shares of the company’s stock worth $649,000 after purchasing an additional 1,148 shares during the last quarter. Finally, Triumph Capital Management acquired a new stake in Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $31,000.

Schwab Mortgage-Backed Securities ETF Price Performance

NYSEARCA:SMBS opened at $25.62 on Monday. The stock has a 50 day simple moving average of $25.68 and a 200 day simple moving average of $25.74. Schwab Mortgage-Backed Securities ETF has a 1-year low of $24.78 and a 1-year high of $26.22.

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.