iShares MBS ETF (NASDAQ:MBB) Short Interest Update

iShares MBS ETF (NASDAQ:MBB) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,470,000 shares, a growth of 157.9% from the March 15th total of 570,000 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 3,140,400 shares, the days-to-cover ratio is presently 0.5 days.

iShares MBS ETF Trading Up 0.0 %

Shares of MBB stock traded up $0.04 on Tuesday, hitting $92.61. The company had a trading volume of 2,879,327 shares, compared to its average volume of 2,578,331. The stock’s 50-day moving average is $93.01 and its two-hundred day moving average is $92.81. iShares MBS ETF has a twelve month low of $89.16 and a twelve month high of $96.76.

iShares MBS ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.3309 per share. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares MBS ETF’s previous dividend of $0.32.

Institutional Trading of iShares MBS ETF

Several large investors have recently made changes to their positions in the company. Arvest Investments Inc. grew its stake in iShares MBS ETF by 1.9% in the first quarter. Arvest Investments Inc. now owns 244,275 shares of the company’s stock valued at $22,908,000 after acquiring an additional 4,561 shares during the period. Integrated Advisors Network LLC increased its stake in iShares MBS ETF by 66.7% in the 1st quarter. Integrated Advisors Network LLC now owns 59,254 shares of the company’s stock valued at $5,557,000 after buying an additional 23,717 shares during the last quarter. Simplicity Wealth LLC bought a new stake in iShares MBS ETF during the first quarter worth $3,648,000. Wealthcare Advisory Partners LLC raised its stake in shares of iShares MBS ETF by 3.5% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 7,995 shares of the company’s stock worth $750,000 after purchasing an additional 273 shares during the period. Finally, Harbor Capital Advisors Inc. bought a new stake in iShares MBS ETF in the first quarter worth about $112,000. 91.70% of the stock is currently owned by institutional investors and hedge funds.

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).