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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 315,332 shares, an increase of 6,688.6% from the June 15th total of 4,645 shares. Based on an average daily trading volume, of 578,131 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

A number of large investors have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. boosted its position in Schwab Mortgage-Backed Securities ETF by 5.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 222,649,093 shares of the company’s stock valued at $5,716,516,000 after buying an additional 11,574,326 shares during the last quarter. Schwallier Wealth Management LLC acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter valued at $4,502,000. JPMorgan Chase & Co. bought a new stake in shares of Schwab Mortgage-Backed Securities ETF during the second quarter worth $3,613,000. Jane Street Group LLC raised its position in shares of Schwab Mortgage-Backed Securities ETF by 349.1% during the second quarter. Jane Street Group LLC now owns 73,568 shares of the company’s stock worth $1,874,000 after acquiring an additional 57,186 shares during the last quarter. Finally, CacheTech Inc. lifted its stake in shares of Schwab Mortgage-Backed Securities ETF by 7.6% during the third quarter. CacheTech Inc. now owns 379,625 shares of the company’s stock valued at $9,760,000 after acquiring an additional 26,827 shares during the period.

Schwab Mortgage-Backed Securities ETF Stock Performance

Shares of Schwab Mortgage-Backed Securities ETF stock traded down $0.03 during trading on Friday, reaching $25.20. The company’s stock had a trading volume of 440,012 shares, compared to its average volume of 704,070. The stock has a 50-day moving average price of $25.34 and a two-hundred day moving average price of $25.58. Schwab Mortgage-Backed Securities ETF has a one year low of $25.00 and a one year high of $26.12.

Schwab Mortgage-Backed Securities ETF Company Profile

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.