Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Up 105.3% in January

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 56,300 shares, an increase of 105.3% from the December 31st total of 27,424 shares. Based on an average daily trading volume, of 266,730 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 266,730 shares, the days-to-cover ratio is currently 0.2 days.

Simplify MBS ETF Price Performance

MTBA stock traded down $0.05 during midday trading on Friday, hitting $50.38. 125,563 shares of the company’s stock were exchanged, compared to its average volume of 236,731. The firm has a 50 day moving average price of $50.47 and a 200-day moving average price of $50.39. Simplify MBS ETF has a 12-month low of $49.16 and a 12-month high of $50.88.

Simplify MBS ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th will be given a dividend of $0.25 per share. This is a positive change from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date is Tuesday, January 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%.

Institutional Investors Weigh In On Simplify MBS ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP acquired a new position in shares of Simplify MBS ETF in the 2nd quarter valued at about $26,000. Tradewinds Capital Management LLC purchased a new stake in Simplify MBS ETF in the 4th quarter worth approximately $50,000. Huntington National Bank grew its holdings in shares of Simplify MBS ETF by 29.3% during the 2nd quarter. Huntington National Bank now owns 1,078 shares of the company’s stock valued at $54,000 after acquiring an additional 244 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Simplify MBS ETF by 59.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,162 shares of the company’s stock valued at $58,000 after acquiring an additional 435 shares in the last quarter. Finally, Global Retirement Partners LLC increased its stake in shares of Simplify MBS ETF by 73.5% in the third quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock worth $85,000 after acquiring an additional 717 shares during the last quarter.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.