iShares MBS ETF (NASDAQ:MBB) Sees Large Growth in Short Interest

iShares MBS ETF (NASDAQ:MBB) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 3,268,802 shares, an increase of 82.4% from the January 29th total of 1,792,532 shares. Based on an average daily volume of 2,740,571 shares, the short-interest ratio is presently 1.2 days. Approximately 0.8% of the company’s shares are sold short. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 2,740,571 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Security Financial Services INC. raised its stake in shares of iShares MBS ETF by 5.9% in the third quarter. Security Financial Services INC. now owns 121,000 shares of the company’s stock worth $11,513,000 after purchasing an additional 6,789 shares during the last quarter. Ironwood Investment Counsel LLC purchased a new position in shares of iShares MBS ETF during the second quarter valued at approximately $206,000. Dynasty Wealth Management LLC grew its holdings in iShares MBS ETF by 10.8% during the third quarter. Dynasty Wealth Management LLC now owns 1,649,146 shares of the company’s stock worth $156,916,000 after buying an additional 160,926 shares in the last quarter. Global Retirement Partners LLC bought a new stake in iShares MBS ETF during the second quarter worth $18,788,000. Finally, Dakota Wealth Management raised its position in iShares MBS ETF by 20.9% in the 3rd quarter. Dakota Wealth Management now owns 363,649 shares of the company’s stock valued at $34,601,000 after buying an additional 62,909 shares during the last quarter. 91.70% of the stock is owned by institutional investors.

iShares MBS ETF Trading Up 0.2%

NASDAQ MBB traded up $0.16 during trading hours on Friday, hitting $96.91. 1,873,386 shares of the company’s stock were exchanged, compared to its average volume of 3,006,835. The stock has a 50-day simple moving average of $95.71 and a 200 day simple moving average of $95.32. iShares MBS ETF has a 1-year low of $90.84 and a 1-year high of $96.97.

iShares MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.3347 per share. This is a positive change from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

About iShares MBS ETF

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).