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

Simplify MBS ETF (NYSEARCA:MTBA) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 35,726 shares, a growth of 80.7% from the January 29th total of 19,774 shares. Based on an average daily volume of 262,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 262,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Simplify MBS ETF

A number of institutional investors have recently made changes to their positions in MTBA. Steinberganna Wealth Management raised its holdings in Simplify MBS ETF by 1.8% during the fourth quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock worth $635,000 after purchasing an additional 221 shares in the last quarter. Huntington National Bank raised its stake in shares of Simplify MBS ETF by 29.3% in the 2nd quarter. Huntington National Bank now owns 1,078 shares of the company’s stock worth $54,000 after buying an additional 244 shares in the last quarter. Cambridge Advisors Inc. raised its stake in shares of Simplify MBS ETF by 1.6% in the 3rd quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock worth $839,000 after buying an additional 258 shares in the last quarter. Tranquilli Financial Advisor LLC lifted its holdings in shares of Simplify MBS ETF by 2.0% in the third quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock valued at $697,000 after buying an additional 265 shares during the period. Finally, Longview Financial Advisors Inc. boosted its stake in Simplify MBS ETF by 1.2% during the fourth quarter. Longview Financial Advisors Inc. now owns 24,063 shares of the company’s stock valued at $1,213,000 after buying an additional 279 shares in the last quarter.

Simplify MBS ETF Stock Up 0.1%

Simplify MBS ETF stock traded up $0.06 during mid-day trading on Friday, hitting $50.61. 169,473 shares of the company’s stock traded hands, compared to its average volume of 231,992. The firm has a 50 day moving average price of $50.51 and a 200 day moving average price of $50.48. Simplify MBS ETF has a one year low of $49.16 and a one year high of $50.88.

Simplify MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 5.9%.

About Simplify MBS ETF

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.