iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Update

iShares CMBS ETF (NYSEARCA:CMBS) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 12,887 shares, a drop of 15.9% from the February 12th total of 15,318 shares. Based on an average trading volume of 45,292 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 45,292 shares, the days-to-cover ratio is presently 0.3 days.

iShares CMBS ETF Stock Performance

CMBS stock traded down $0.07 during trading on Monday, hitting $48.94. The company had a trading volume of 4,953 shares, compared to its average volume of 52,944. The business has a 50-day moving average of $49.29 and a 200-day moving average of $49.17. iShares CMBS ETF has a one year low of $47.45 and a one year high of $50.09.

Institutional Investors Weigh In On iShares CMBS ETF

A number of institutional investors have recently modified their holdings of CMBS. MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares CMBS ETF during the fourth quarter worth $42,000. Aptus Capital Advisors LLC acquired a new position in iShares CMBS ETF in the third quarter valued at $49,000. Geneos Wealth Management Inc. boosted its position in iShares CMBS ETF by 596.6% during the third quarter. Geneos Wealth Management Inc. now owns 2,689 shares of the company’s stock valued at $132,000 after acquiring an additional 2,303 shares during the last quarter. MAI Capital Management boosted its position in iShares CMBS ETF by 190.0% during the third quarter. MAI Capital Management now owns 2,900 shares of the company’s stock valued at $142,000 after acquiring an additional 1,900 shares during the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in iShares CMBS ETF by 4,772.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,216 shares of the company’s stock worth $157,000 after acquiring an additional 3,150 shares during the period.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.