Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 16.2% in January

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 43,616 shares, a drop of 16.2% from the January 15th total of 52,028 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 106,300 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 106,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Hedge funds have recently added to or reduced their stakes in the stock. First Financial Bankshares Inc bought a new position in shares of Angel Oak Mortgage-Backed Securities ETF in the third quarter worth about $152,000. Envestnet Asset Management Inc. bought a new position in Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $197,000. Weaver Consulting Group acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter worth $271,000. Benjamin Edwards Inc. boosted its position in Angel Oak Mortgage-Backed Securities ETF by 12.8% in the 2nd quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after buying an additional 7,177 shares during the last quarter. Finally, Embree Financial Group acquired a new stake in Angel Oak Mortgage-Backed Securities ETF in the third quarter worth about $657,000.

Angel Oak Mortgage-Backed Securities ETF Stock Up 0.3%

NASDAQ MBS opened at $8.84 on Monday. Angel Oak Mortgage-Backed Securities ETF has a 1-year low of $8.46 and a 1-year high of $9.16. The company has a 50 day moving average of $8.76 and a 200-day moving average of $8.74.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were paid a $0.0334 dividend. The ex-dividend date was Friday, January 30th.

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.