Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Declines By 47.6%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 32,775 shares, a drop of 47.6% from the June 15th total of 62,561 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 57,203 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MBS. MML Investors Services LLC grew its position in Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the 4th quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after acquiring an additional 280,162 shares during the last quarter. NewEdge Wealth LLC boosted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 7.9% during the first quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock valued at $22,453,000 after purchasing an additional 189,635 shares during the period. Jane Street Group LLC grew its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% in the first quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock worth $1,417,000 after purchasing an additional 91,395 shares during the last quarter. Embree Financial Group grew its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% in the fourth quarter. Embree Financial Group now owns 152,912 shares of the company’s stock worth $1,337,000 after purchasing an additional 77,642 shares during the last quarter. Finally, Osaic Holdings Inc. increased its stake in Angel Oak Mortgage-Backed Securities ETF by 0.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock worth $61,271,000 after buying an additional 52,792 shares during the period.

Angel Oak Mortgage-Backed Securities ETF Price Performance

MBS stock remained flat at $8.60 during midday trading on Wednesday. The company’s stock had a trading volume of 11,182 shares, compared to its average volume of 93,415. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.52 and a fifty-two week high of $9.16. The stock’s 50-day simple moving average is $8.63 and its 200 day simple moving average is $8.71.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a $0.0398 dividend. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04. The ex-dividend date was Tuesday, June 30th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.