iShares MBS ETF (NASDAQ:MBB) Short Interest Down 44.3% in January

iShares MBS ETF (NASDAQ:MBB) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 1,792,532 shares, a decline of 44.3% from the January 15th total of 3,216,263 shares. Based on an average daily volume of 2,509,240 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the company’s stock are sold short. Currently, 0.4% of the company’s stock are sold short. Based on an average daily volume of 2,509,240 shares, the days-to-cover ratio is currently 0.7 days.

iShares MBS ETF Price Performance

MBB traded up $0.41 during trading on Friday, reaching $96.55. The stock had a trading volume of 1,924,900 shares, compared to its average volume of 3,260,843. The stock’s 50 day moving average is $95.41 and its two-hundred day moving average is $95.07. iShares MBS ETF has a one year low of $90.84 and a one year high of $96.55.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a $0.3347 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33.

Institutional Investors Weigh In On iShares MBS ETF

Several hedge funds have recently bought and sold shares of the business. TIAA Trust National Association lifted its holdings in shares of iShares MBS ETF by 349.3% during the second quarter. TIAA Trust National Association now owns 23,964,909 shares of the company’s stock valued at $2,245,510,000 after purchasing an additional 18,631,536 shares during the last quarter. Bank of America Corp DE raised its stake in iShares MBS ETF by 11.8% during the third quarter. Bank of America Corp DE now owns 71,895,725 shares of the company’s stock valued at $6,840,878,000 after buying an additional 7,566,099 shares during the last quarter. Barclays PLC boosted its holdings in iShares MBS ETF by 77.1% in the third quarter. Barclays PLC now owns 7,632,784 shares of the company’s stock worth $726,259,000 after acquiring an additional 3,322,737 shares in the last quarter. Bank of Montreal Can grew its stake in shares of iShares MBS ETF by 102.6% in the fourth quarter. Bank of Montreal Can now owns 2,883,524 shares of the company’s stock worth $274,569,000 after acquiring an additional 1,460,545 shares during the last quarter. Finally, Prudential Financial Inc. increased its holdings in shares of iShares MBS ETF by 10,569.3% during the second quarter. Prudential Financial Inc. now owns 1,463,719 shares of the company’s stock valued at $137,429,000 after acquiring an additional 1,450,000 shares in the last quarter. Institutional investors own 91.70% of the company’s stock.

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). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).