Simplify MBS ETF (NYSEARCA:MTBA) Sees Significant Growth in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) saw a significant growth in short interest in January. As of January 15th, there was short interest totaling 56,300 shares, a growth of 105.3% from the December 31st total of 27,424 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 266,730 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 266,730 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of Simplify MBS ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MTBA. Allworth Financial LP bought a new stake in shares of Simplify MBS ETF in the 2nd quarter valued at about $26,000. Tradewinds Capital Management LLC acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $50,000. Huntington National Bank boosted its holdings in Simplify MBS ETF by 29.3% in the second quarter. Huntington National Bank now owns 1,078 shares of the company’s stock worth $54,000 after acquiring an additional 244 shares in the last quarter. Farther Finance Advisors LLC grew its position in Simplify MBS ETF by 59.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,162 shares of the company’s stock worth $58,000 after purchasing an additional 435 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in shares of Simplify MBS ETF by 73.5% during the third quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock valued at $85,000 after buying an additional 717 shares during the last quarter.

Simplify MBS ETF Stock Performance

Shares of MTBA opened at $50.40 on Friday. The company’s fifty day moving average is $50.47 and its 200 day moving average is $50.40. Simplify MBS ETF has a fifty-two week low of $49.16 and a fifty-two week high of $50.88.

Simplify MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were given a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. This is a boost from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date was Tuesday, January 27th.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.