Simplify MBS ETF (NYSEARCA:MTBA) Sees Significant Increase in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) saw a significant increase in short interest in August. As of August 14th, there was short interest totaling 154,332 shares, an increase of 137.0% from the July 30th total of 65,111 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 133,423 shares, the days-to-cover ratio is presently 1.2 days.

Simplify MBS ETF Price Performance

Shares of MTBA traded down $0.18 during trading hours on Friday, reaching $48.40. The stock had a trading volume of 261,254 shares, compared to its average volume of 194,691. Simplify MBS ETF has a 52 week low of $48.37 and a 52 week high of $50.88. The firm has a 50-day moving average of $48.82 and a 200 day moving average of $49.38.

Institutional Investors Weigh In On Simplify MBS ETF

Large investors have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new stake in shares of Simplify MBS ETF during the fourth quarter worth about $71,000. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF in the 2nd quarter valued at approximately $111,000. Harbour Investments Inc. grew its position in shares of Simplify MBS ETF by 105.3% in the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock valued at $130,000 after purchasing an additional 1,323 shares during the period. Strive Financial Group LLC bought a new stake in Simplify MBS ETF during the 4th quarter worth approximately $140,000. Finally, Arax Advisory Partners bought a new stake in Simplify MBS ETF during the 4th quarter worth approximately $154,000.

Simplify MBS ETF Company Profile

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.