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

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 10,884 shares, an increase of 127.5% from the August 15th total of 4,785 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 629,025 shares, the short-interest ratio is presently 0.0 days.

Schwab Mortgage-Backed Securities ETF Stock Performance

Shares of SMBS stock opened at $24.51 on Monday. Schwab Mortgage-Backed Securities ETF has a twelve month low of $24.50 and a twelve month high of $26.12. The stock has a 50 day moving average of $25.02 and a 200 day moving average of $25.33.

Institutional Trading of Schwab Mortgage-Backed Securities ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC raised its position in shares of Schwab Mortgage-Backed Securities ETF by 129.9% in the second quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock worth $4,103,000 after acquiring an additional 91,198 shares during the period. Schwallier Wealth Management LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 1st quarter valued at about $4,502,000. Bank of America Corp DE raised its holdings in Schwab Mortgage-Backed Securities ETF by 1,293,500.0% in the 1st quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock worth $661,000 after purchasing an additional 25,870 shares during the period. Integrated Wealth Concepts LLC purchased a new position in Schwab Mortgage-Backed Securities ETF during the second quarter worth approximately $26,000. Finally, Corient Private Wealth LP purchased a new position in Schwab Mortgage-Backed Securities ETF during the second quarter worth approximately $357,000.

About Schwab Mortgage-Backed Securities ETF

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.