iShares MBS ETF (NASDAQ:MBB) Short Interest Update

iShares MBS ETF (NASDAQ:MBB) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 5,910,000 shares, an increase of 44.9% from the September 15th total of 4,080,000 shares. Based on an average daily volume of 2,955,400 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily volume of 2,955,400 shares, the days-to-cover ratio is presently 2.0 days.

iShares MBS ETF Trading Down 0.1%

Shares of iShares MBS ETF stock opened at $96.05 on Thursday. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.20. The business’s 50 day moving average is $94.88 and its 200-day moving average is $93.51.

iShares MBS ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were given a $0.3363 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. DAVENPORT & Co LLC lifted its stake in iShares MBS ETF by 9.2% in the 2nd quarter. DAVENPORT & Co LLC now owns 7,323 shares of the company’s stock valued at $688,000 after purchasing an additional 614 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in iShares MBS ETF by 173.4% in the first quarter. J.W. Cole Advisors Inc. now owns 12,121 shares of the company’s stock valued at $1,137,000 after buying an additional 7,687 shares during the period. Keystone Global Partners LLC lifted its position in shares of iShares MBS ETF by 128.9% in the second quarter. Keystone Global Partners LLC now owns 1,094 shares of the company’s stock valued at $103,000 after buying an additional 616 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of iShares MBS ETF by 54.6% in the first quarter. Golden State Wealth Management LLC now owns 3,994 shares of the company’s stock valued at $375,000 after buying an additional 1,410 shares during the last quarter. Finally, Clarendon Private LLC boosted its stake in shares of iShares MBS ETF by 5.3% during the 2nd quarter. Clarendon Private LLC now owns 10,479 shares of the company’s stock worth $984,000 after acquiring an additional 530 shares during the period. 91.70% of the stock is currently owned by institutional investors and hedge funds.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).