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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 109 shares, a decrease of 99.9% from the January 29th total of 185,600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 565,574 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 565,574 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

Institutional investors have recently added to or reduced their stakes in the business. CacheTech Inc. increased its position in Schwab Mortgage-Backed Securities ETF by 2.8% during the 4th quarter. CacheTech Inc. now owns 390,201 shares of the company’s stock worth $10,018,000 after purchasing an additional 10,576 shares during the period. Adams Wealth Management boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 0.6% in the fourth quarter. Adams Wealth Management now owns 354,800 shares of the company’s stock valued at $9,109,000 after buying an additional 2,226 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $326,000. Osaic Holdings Inc. grew its holdings in Schwab Mortgage-Backed Securities ETF by 50.3% during the fourth quarter. Osaic Holdings Inc. now owns 7,281 shares of the company’s stock worth $187,000 after acquiring an additional 2,437 shares during the period. Finally, Howe & Rusling Inc. raised its position in Schwab Mortgage-Backed Securities ETF by 203.7% in the fourth quarter. Howe & Rusling Inc. now owns 3,080 shares of the company’s stock worth $79,000 after acquiring an additional 2,066 shares in the last quarter.

Schwab Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of SMBS stock traded down $0.03 during mid-day trading on Wednesday, hitting $25.97. The stock had a trading volume of 646,756 shares, compared to its average volume of 549,269. The company’s 50-day simple moving average is $25.79 and its 200-day simple moving average is $25.71. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $24.65 and a fifty-two week high of $26.22.

About Schwab Mortgage-Backed Securities ETF

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.