Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 29,303 shares, a decline of 64.5% from the April 30th total of 82,579 shares. Based on an average daily volume of 58,060 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of MBS. Jane Street Group LLC lifted its position in Angel Oak Mortgage-Backed Securities ETF by 127.1% during the 1st quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock worth $1,417,000 after acquiring an additional 91,395 shares during the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 12.8% during the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock worth $545,000 after buying an additional 7,177 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter worth approximately $197,000. RFG Advisory LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 13.2% during the third quarter. RFG Advisory LLC now owns 117,937 shares of the company’s stock worth $1,029,000 after buying an additional 13,762 shares during the last quarter. Finally, NewEdge Wealth LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 5.4% during the third quarter. NewEdge Wealth LLC now owns 2,367,603 shares of the company’s stock worth $20,702,000 after buying an additional 121,085 shares during the last quarter.
Angel Oak Mortgage-Backed Securities ETF Stock Down 0.3%
Shares of MBS stock traded down $0.03 on Friday, hitting $8.62. The company’s stock had a trading volume of 133,680 shares, compared to its average volume of 108,605. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.49 and a fifty-two week high of $9.16. The firm’s fifty day moving average price is $8.69 and its 200-day moving average price is $8.75.
Angel Oak Mortgage-Backed Securities ETF Cuts Dividend
Angel Oak Mortgage-Backed Securities ETF Company Profile
The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.
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