Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Update

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBSGet Free Report) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 32,775 shares, a decrease of 47.6% from the June 15th total of 62,561 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 57,203 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Several hedge funds have recently added to or reduced their stakes in the business. Embree Financial Group boosted its position in Angel Oak Mortgage-Backed Securities ETF by 103.2% in the fourth quarter. Embree Financial Group now owns 152,912 shares of the company’s stock valued at $1,337,000 after buying an additional 77,642 shares in the last quarter. Royal Bank of Canada bought a new position in Angel Oak Mortgage-Backed Securities ETF in the first quarter valued at about $51,000. Quantinno Capital Management LP acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the first quarter valued at about $105,000. NewEdge Wealth LLC grew its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 7.9% during the first quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock worth $22,453,000 after purchasing an additional 189,635 shares during the last quarter. Finally, RFG Advisory LLC increased its position in Angel Oak Mortgage-Backed Securities ETF by 5.0% in the 1st quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock valued at $1,173,000 after acquiring an additional 6,393 shares during the period.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

NASDAQ:MBS remained flat at $8.61 during mid-day trading on Thursday. 45,486 shares of the company traded hands, compared to its average volume of 93,214. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.52 and a twelve month high of $9.16. The stock has a fifty day simple moving average of $8.63 and a 200 day simple moving average of $8.71.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.0398 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04.

Angel Oak Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

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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