Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS – Get Free Report) saw a large growth in short interest in May. As of May 15th, there was short interest totaling 824,364 shares, a growth of 244.6% from the April 30th total of 239,194 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 584,515 shares, the days-to-cover ratio is presently 1.4 days.
Hedge Funds Weigh In On Janus Henderson Mortgage-Backed Securities ETF
Several hedge funds and other institutional investors have recently made changes to their positions in JMBS. Morgan Stanley raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 19.3% in the 4th quarter. Morgan Stanley now owns 25,412,542 shares of the company’s stock valued at $1,161,099,000 after buying an additional 4,119,668 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Janus Henderson Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $128,206,000. Bank of America Corp DE raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the 2nd quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock valued at $820,751,000 after buying an additional 1,893,960 shares in the last quarter. Advance Capital Management Inc. raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 12,596.3% in the 1st quarter. Advance Capital Management Inc. now owns 1,762,883 shares of the company’s stock valued at $79,647,000 after buying an additional 1,748,998 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 691.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,893,478 shares of the company’s stock valued at $86,589,000 after buying an additional 1,654,186 shares in the last quarter.
Janus Henderson Mortgage-Backed Securities ETF Price Performance
Shares of NYSEARCA:JMBS traded down $0.11 during midday trading on Friday, hitting $45.11. The stock had a trading volume of 658,141 shares, compared to its average volume of 920,950. The company’s 50-day moving average price is $45.26 and its 200-day moving average price is $45.64. Janus Henderson Mortgage-Backed Securities ETF has a fifty-two week low of $43.98 and a fifty-two week high of $46.39.
About Janus Henderson Mortgage-Backed Securities ETF
The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund of mortgage-backed securities. The fund seeks a high level of total return. JMBS was launched on Sep 12, 2018 and is managed by Janus Henderson.
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