iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Up 171.5% in December

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 97,095 shares, a growth of 171.5% from the December 15th total of 35,761 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 36,502 shares, the short-interest ratio is currently 2.7 days. Based on an average daily volume of 36,502 shares, the short-interest ratio is currently 2.7 days. Currently, 1.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CMBS. Aptus Capital Advisors LLC bought a new stake in shares of iShares CMBS ETF in the 3rd quarter valued at about $49,000. Geneos Wealth Management Inc. increased its holdings in iShares CMBS ETF by 596.6% during the third quarter. Geneos Wealth Management Inc. now owns 2,689 shares of the company’s stock valued at $132,000 after buying an additional 2,303 shares during the period. MAI Capital Management increased its holdings in iShares CMBS ETF by 190.0% during the third quarter. MAI Capital Management now owns 2,900 shares of the company’s stock valued at $142,000 after buying an additional 1,900 shares during the period. Laurel Wealth Advisors LLC raised its stake in iShares CMBS ETF by 4,772.7% in the second quarter. Laurel Wealth Advisors LLC now owns 3,216 shares of the company’s stock worth $157,000 after buying an additional 3,150 shares in the last quarter. Finally, Horizon Financial Services LLC boosted its stake in iShares CMBS ETF by 9.7% in the 4th quarter. Horizon Financial Services LLC now owns 3,283 shares of the company’s stock worth $161,000 after purchasing an additional 291 shares in the last quarter.

iShares CMBS ETF Stock Down 0.1%

Shares of NYSEARCA CMBS opened at $49.10 on Wednesday. The business has a fifty day simple moving average of $49.10 and a two-hundred day simple moving average of $48.94. iShares CMBS ETF has a twelve month low of $46.95 and a twelve month high of $50.09.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.