Simplify MBS ETF (NYSEARCA:MTBA) Sees Large Drop in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 17,483 shares, a decrease of 50.0% from the August 31st total of 34,933 shares. Based on an average daily trading volume, of 499,080 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Simplify MBS ETF

Institutional investors have recently modified their holdings of the business. Tortoise Investment Management LLC grew its holdings in Simplify MBS ETF by 2.4% in the second quarter. Tortoise Investment Management LLC now owns 527,409 shares of the company’s stock valued at $25,880,000 after purchasing an additional 12,171 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Simplify MBS ETF in the second quarter valued at approximately $1,099,000. Tidal Investments LLC raised its stake in shares of Simplify MBS ETF by 12.0% during the 2nd quarter. Tidal Investments LLC now owns 173,768 shares of the company’s stock worth $8,527,000 after buying an additional 18,674 shares during the period. Edge Wealth Management LLC raised its stake in shares of Simplify MBS ETF by 1.8% during the 2nd quarter. Edge Wealth Management LLC now owns 1,090,758 shares of the company’s stock worth $53,523,000 after buying an additional 19,399 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Simplify MBS ETF during the 2nd quarter valued at approximately $1,396,000.

Simplify MBS ETF Stock Down 0.1%

MTBA traded down $0.04 on Tuesday, reaching $46.76. The stock had a trading volume of 11,580 shares, compared to its average volume of 225,131. Simplify MBS ETF has a 12-month low of $46.71 and a 12-month high of $50.80. The business’s 50-day moving average price is $48.31 and its two-hundred day moving average price is $48.97.

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.