iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Down 46.4% in July

iShares CMBS ETF (NYSEARCA:CMBS) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 5,176 shares, a decrease of 46.4% from the June 30th total of 9,663 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 25,115 shares, the days-to-cover ratio is currently 0.2 days.

iShares CMBS ETF Trading Up 0.1%

CMBS traded up $0.07 during midday trading on Friday, hitting $48.33. The company had a trading volume of 28,808 shares, compared to its average volume of 45,060. iShares CMBS ETF has a 52 week low of $48.06 and a 52 week high of $50.09. The stock’s 50 day moving average price is $48.48 and its 200 day moving average price is $48.83.

Institutional Trading of iShares CMBS ETF

Several large investors have recently made changes to their positions in CMBS. Wealthcare Advisory Partners LLC raised its stake in iShares CMBS ETF by 3.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after buying an additional 214 shares during the period. City Center Advisors LLC grew its stake in iShares CMBS ETF by 13.6% in the second quarter. City Center Advisors LLC now owns 11,547 shares of the company’s stock valued at $562,000 after acquiring an additional 1,380 shares during the period. Cetera Investment Advisers grew its stake in iShares CMBS ETF by 15.5% in the first quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock valued at $7,476,000 after acquiring an additional 20,631 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of iShares CMBS ETF by 82.4% during the first quarter. Bank of New York Mellon Corp now owns 10,746 shares of the company’s stock valued at $524,000 after acquiring an additional 4,856 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of iShares CMBS ETF during the first quarter valued at approximately $610,000.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.