Simplify MBS ETF (NYSEARCA:MTBA) Sees Large Decrease in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 44,867 shares, a drop of 23.7% from the March 15th total of 58,772 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 220,923 shares, the days-to-cover ratio is currently 0.2 days.

Simplify MBS ETF Price Performance

MTBA stock opened at $49.88 on Wednesday. The stock’s fifty day simple moving average is $50.06 and its two-hundred day simple moving average is $50.33. Simplify MBS ETF has a 1-year low of $48.90 and a 1-year high of $50.88.

Simplify MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date was Tuesday, February 24th.

Hedge Funds Weigh In On Simplify MBS ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC boosted its stake in Simplify MBS ETF by 1,555.6% in the third quarter. Ameritas Advisory Services LLC now owns 32,350 shares of the company’s stock valued at $1,629,000 after acquiring an additional 30,396 shares during the last quarter. Aprio Wealth Management LLC increased its stake in shares of Simplify MBS ETF by 7.6% during the 3rd quarter. Aprio Wealth Management LLC now owns 414,879 shares of the company’s stock worth $20,889,000 after purchasing an additional 29,193 shares during the last quarter. Edge Wealth Management LLC raised its holdings in shares of Simplify MBS ETF by 211.3% in the 4th quarter. Edge Wealth Management LLC now owns 1,000,038 shares of the company’s stock worth $50,412,000 after purchasing an additional 678,832 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Simplify MBS ETF by 40.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 173,482 shares of the company’s stock worth $8,735,000 after purchasing an additional 49,765 shares during the period. Finally, First National Bank Sioux Falls lifted its stake in Simplify MBS ETF by 40.5% in the third quarter. First National Bank Sioux Falls now owns 41,130 shares of the company’s stock valued at $2,071,000 after purchasing an additional 11,857 shares during the last quarter.

About Simplify MBS ETF

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.