Short Interest in iShares MBS ETF (NASDAQ:MBB) Rises By 204.6%

iShares MBS ETF (NASDAQ:MBB) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 4,630,000 shares, agrowthof204.6% from the July 31st total of 1,520,000 shares. Based on an average daily volume of 2,806,300 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 2,806,300 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MBB. Osaic Holdings Inc. lifted its stake in iShares MBS ETF by 45.2% in the second quarter. Osaic Holdings Inc. now owns 525,871 shares of the company’s stock valued at $49,399,000 after acquiring an additional 163,779 shares during the last quarter. FSC Wealth Advisors LLC lifted its stake in iShares MBS ETF by 1.3% in the second quarter. FSC Wealth Advisors LLC now owns 8,559 shares of the company’s stock valued at $804,000 after acquiring an additional 107 shares during the last quarter. Evolution Wealth Management Inc. acquired a new stake in iShares MBS ETF in the second quarter valued at $39,000. Barnes Wealth Management Group Inc lifted its stake in iShares MBS ETF by 0.5% in the second quarter. Barnes Wealth Management Group Inc now owns 25,782 shares of the company’s stock valued at $2,421,000 after acquiring an additional 126 shares during the last quarter. Finally, Fulcrum Equity Management lifted its stake in iShares MBS ETF by 12.3% in the second quarter. Fulcrum Equity Management now owns 2,814 shares of the company’s stock valued at $264,000 after acquiring an additional 309 shares during the last quarter. Institutional investors own 91.70% of the company’s stock.

iShares MBS ETF Price Performance

Shares of MBB stock opened at $94.89 on Friday. The firm has a fifty day moving average of $93.49 and a 200-day moving average of $93.06. iShares MBS ETF has a 12-month low of $90.28 and a 12-month high of $96.76.

iShares MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were given a $0.3383 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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).