Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 58,772 shares, a growth of 40.4% from the February 26th total of 41,865 shares. Based on an average daily trading volume, of 249,356 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Simplify MBS ETF Trading Up 0.5%

NYSEARCA MTBA traded up $0.24 on Monday, reaching $49.32. The company had a trading volume of 252,916 shares, compared to its average volume of 232,797. The company’s fifty day moving average is $50.24 and its 200 day moving average is $50.41. Simplify MBS ETF has a 52-week low of $48.90 and a 52-week high of $50.88.

Simplify MBS ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a $0.25 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

Hedge Funds Weigh In On Simplify MBS ETF

Several hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. raised its stake in shares of Simplify MBS ETF by 7.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,117,637 shares of the company’s stock worth $106,623,000 after purchasing an additional 141,545 shares during the period. MML Investors Services LLC grew its position in Simplify MBS ETF by 7.1% during the fourth quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock valued at $88,503,000 after buying an additional 116,584 shares during the period. Evergreen Capital Management LLC increased its holdings in Simplify MBS ETF by 1.4% during the second quarter. Evergreen Capital Management LLC now owns 1,073,502 shares of the company’s stock worth $53,772,000 after buying an additional 14,635 shares during the last quarter. Edge Wealth Management LLC raised its position in Simplify MBS ETF by 211.3% in the fourth quarter. Edge Wealth Management LLC now owns 1,000,038 shares of the company’s stock worth $50,412,000 after acquiring an additional 678,832 shares during the period. Finally, Hilton Capital Management LLC raised its position in Simplify MBS ETF by 0.6% in the fourth quarter. Hilton Capital Management LLC now owns 841,350 shares of the company’s stock worth $42,412,000 after acquiring an additional 4,855 shares during the period.

About Simplify MBS ETF

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.