iShares MBS ETF (NASDAQ:MBB) Sees Large Increase in Short Interest

iShares MBS ETF (NASDAQ:MBB) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,610,000 shares, an increase of 126.5% from the January 31st total of 710,800 shares. Based on an average daily trading volume, of 2,652,500 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of iShares MBS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Principal Securities Inc. raised its holdings in iShares MBS ETF by 35.6% in the third quarter. Principal Securities Inc. now owns 113,795 shares of the company’s stock worth $10,903,000 after purchasing an additional 29,902 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in iShares MBS ETF by 3.9% in the third quarter. Focus Financial Network Inc. now owns 41,227 shares of the company’s stock worth $3,950,000 after acquiring an additional 1,546 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of iShares MBS ETF by 3.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 23,760 shares of the company’s stock worth $2,276,000 after acquiring an additional 787 shares during the last quarter. Sensible Financial Planning & Management LLC. grew its stake in shares of iShares MBS ETF by 1.2% during the third quarter. Sensible Financial Planning & Management LLC. now owns 668,862 shares of the company’s stock worth $64,084,000 after acquiring an additional 7,759 shares during the last quarter. Finally, W Advisors LLC increased its holdings in shares of iShares MBS ETF by 23.2% during the third quarter. W Advisors LLC now owns 5,075 shares of the company’s stock valued at $486,000 after acquiring an additional 957 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Stock Up 0.4 %

Shares of NASDAQ MBB traded up $0.41 during trading hours on Friday, reaching $94.08. The stock had a trading volume of 3,620,900 shares, compared to its average volume of 2,531,558. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The business’s fifty day moving average price is $91.92 and its two-hundred day moving average price is $93.40.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3414 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares MBS ETF’s previous dividend of $0.29.

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).