Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Significant Growth in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 65,437 shares, a growth of 25.9% from the March 31st total of 51,967 shares. Based on an average daily trading volume, of 85,327 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are sold short.

Angel Oak Mortgage-Backed Securities ETF Trading Up 0.1%

NASDAQ:MBS traded up $0.01 during mid-day trading on Friday, hitting $8.68. 49,398 shares of the company’s stock traded hands, compared to its average volume of 119,478. The company has a fifty day moving average of $8.76 and a 200 day moving average of $8.77. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.47 and a twelve month high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, May 1st. Investors of record on Thursday, April 30th will be given a $0.048 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.05.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

Several hedge funds have recently made changes to their positions in the company. RFG Advisory LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 5.0% in the 1st quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock valued at $1,173,000 after acquiring an additional 6,393 shares during the period. Osaic Holdings Inc. increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock valued at $61,271,000 after acquiring an additional 52,792 shares during the period. MML Investors Services LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the 4th quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after acquiring an additional 280,162 shares during the period. LPL Financial LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 54.6% in the 4th quarter. LPL Financial LLC now owns 132,385 shares of the company’s stock valued at $1,158,000 after acquiring an additional 46,734 shares during the period. Finally, Weaver Consulting Group acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the 4th quarter valued at $271,000.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.