Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 19,774 shares, a decline of 64.9% from the January 15th total of 56,300 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 219,113 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 219,113 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Trading of Simplify MBS ETF

Institutional investors have recently bought and sold shares of the business. Allworth Financial LP acquired a new position in shares of Simplify MBS ETF during the 2nd quarter worth approximately $26,000. Tradewinds Capital Management LLC acquired a new stake in shares of Simplify MBS ETF in the fourth quarter valued at approximately $50,000. Huntington National Bank raised its position in shares of Simplify MBS ETF by 29.3% in the second quarter. Huntington National Bank now owns 1,078 shares of the company’s stock valued at $54,000 after buying an additional 244 shares in the last quarter. Global Retirement Partners LLC boosted 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 valued at $85,000 after buying an additional 717 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Simplify MBS ETF during the second quarter worth approximately $111,000.

Simplify MBS ETF Trading Up 0.2%

MTBA stock opened at $50.52 on Wednesday. The business’s fifty day moving average price is $50.47 and its two-hundred day moving average price is $50.43. Simplify MBS ETF has a fifty-two week low of $49.16 and a fifty-two week high of $50.88.

Simplify MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were paid a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. This is a boost from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date was Tuesday, January 27th.

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.