Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 4,785 shares, a decrease of 96.5% from the July 30th total of 136,811 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 542,655 shares, the days-to-cover ratio is currently 0.0 days.

Schwab Mortgage-Backed Securities ETF Stock Performance

Shares of NYSEARCA:SMBS traded up $0.11 during trading on Tuesday, hitting $25.16. The company’s stock had a trading volume of 878,846 shares, compared to its average volume of 665,919. The business has a 50 day moving average price of $25.17 and a two-hundred day moving average price of $25.43. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $24.91 and a fifty-two week high of $26.12.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 1,293,500.0% in the 1st quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock valued at $661,000 after buying an additional 25,870 shares during the period. Cetera Investment Advisers increased its stake in shares of Schwab Mortgage-Backed Securities ETF by 7.2% during the first quarter. Cetera Investment Advisers now owns 13,600 shares of the company’s stock worth $347,000 after buying an additional 913 shares during the period. Schwallier Wealth Management LLC acquired a new stake in Schwab Mortgage-Backed Securities ETF in the first quarter valued at approximately $4,502,000. Simplicity Wealth LLC purchased a new position in Schwab Mortgage-Backed Securities ETF in the first quarter worth approximately $275,000. Finally, Lodestar Private Asset Management LLC acquired a new position in Schwab Mortgage-Backed Securities ETF during the 1st quarter worth approximately $204,000.

Schwab Mortgage-Backed Securities ETF Company Profile

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.