Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 65,111 shares, an increase of 114.4% from the July 15th total of 30,364 shares. Based on an average daily volume of 128,006 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sequoia Financial Advisors LLC boosted its position in Simplify MBS ETF by 101.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 22,391 shares of the company’s stock worth $1,129,000 after purchasing an additional 11,291 shares during the period. Kestra Private Wealth Services LLC raised its position in shares of Simplify MBS ETF by 35.8% in the first quarter. Kestra Private Wealth Services LLC now owns 48,949 shares of the company’s stock valued at $2,421,000 after purchasing an additional 12,911 shares during the period. WealthPlan Investment Management LLC purchased a new stake in shares of Simplify MBS ETF during the 4th quarter valued at approximately $5,869,000. Morling Financial Advisors LLC lifted its stake in shares of Simplify MBS ETF by 8.5% during the 4th quarter. Morling Financial Advisors LLC now owns 338,739 shares of the company’s stock valued at $17,076,000 after buying an additional 26,408 shares in the last quarter. Finally, Hegarty Advisors LLC lifted its stake in shares of Simplify MBS ETF by 220.2% during the 1st quarter. Hegarty Advisors LLC now owns 22,007 shares of the company’s stock valued at $1,088,000 after buying an additional 15,135 shares in the last quarter.
Simplify MBS ETF Trading Down 0.2%
Shares of Simplify MBS ETF stock traded down $0.09 during trading hours on Friday, hitting $48.73. 89,889 shares of the company’s stock traded hands, compared to its average volume of 195,704. Simplify MBS ETF has a 12-month low of $48.37 and a 12-month high of $50.88. The company has a fifty day simple moving average of $48.92 and a 200-day simple moving average of $49.50.
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.
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