iShares MBS ETF (NASDAQ:MBB) Short Interest Up 126.5% in February

iShares MBS ETF (NASDAQ:MBB) was the recipient of a significant increase in short interest in 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 volume of 2,652,500 shares, the days-to-cover ratio is presently 0.6 days.

iShares MBS ETF Stock Performance

Shares of NASDAQ:MBB traded up $0.41 on Friday, reaching $94.08. The company’s stock had a trading volume of 3,620,900 shares, compared to its average volume of 2,531,558. The company has a 50-day simple moving average of $91.92 and a 200 day simple moving average of $93.40. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76.

iShares MBS ETF Increases Dividend

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

Institutional Investors Weigh In On iShares MBS ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in iShares MBS ETF by 49.2% during the 4th quarter. JPMorgan Chase & Co. now owns 51,720,881 shares of the company’s stock valued at $4,741,789,000 after purchasing an additional 17,056,138 shares during the last quarter. Proficio Capital Partners LLC boosted its position in shares of iShares MBS ETF by 9,869.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,498,469 shares of the company’s stock valued at $504,100,000 after buying an additional 5,443,314 shares during the period. Essential Planning LLC. grew its stake in shares of iShares MBS ETF by 6,413.4% during the fourth quarter. Essential Planning LLC. now owns 3,311,529 shares of the company’s stock valued at $308,457,000 after buying an additional 3,260,687 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares MBS ETF by 13.9% in the fourth quarter. LPL Financial LLC now owns 21,858,016 shares of the company’s stock worth $2,003,943,000 after buying an additional 2,668,319 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of iShares MBS ETF by 2.5% during the 4th quarter. Bank of America Corp DE now owns 75,986,265 shares of the company’s stock worth $6,966,421,000 after acquiring an additional 1,826,521 shares during the last quarter. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

About iShares MBS ETF

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).