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

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 17,483 shares, a decrease of 50.0% from the August 31st total of 34,933 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 499,080 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Simplify MBS ETF

A number of institutional investors have recently modified their holdings of MTBA. MML Investors Services LLC boosted its stake in shares of Simplify MBS ETF by 7.1% in the fourth quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after buying an additional 116,584 shares during the last quarter. Edge Wealth Management LLC lifted its holdings in Simplify MBS ETF by 1.8% in the second quarter. Edge Wealth Management LLC now owns 1,090,758 shares of the company’s stock valued at $53,523,000 after acquiring an additional 19,399 shares during the period. Watchman Group Inc. boosted its position in Simplify MBS ETF by 5.6% in the 1st quarter. Watchman Group Inc. now owns 877,875 shares of the company’s stock worth $43,420,000 after purchasing an additional 46,655 shares in the last quarter. Tortoise Investment Management LLC boosted its position in Simplify MBS ETF by 2.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 527,409 shares of the company’s stock worth $25,880,000 after purchasing an additional 12,171 shares in the last quarter. Finally, Convergence Financial LLC grew its stake in shares of Simplify MBS ETF by 19.5% during the 4th quarter. Convergence Financial LLC now owns 392,856 shares of the company’s stock worth $19,804,000 after purchasing an additional 64,038 shares during the period.

Simplify MBS ETF Trading Up 0.2%

Shares of Simplify MBS ETF stock traded up $0.10 during trading on Thursday, hitting $46.87. 662,408 shares of the company’s stock were exchanged, compared to its average volume of 237,434. The business has a 50-day simple moving average of $48.23 and a 200-day simple moving average of $48.93. Simplify MBS ETF has a 52-week low of $46.53 and a 52-week high of $50.80.

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.