iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Down 69.8% in August

iShares CMBS ETF (NYSEARCA:CMBS) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,565 shares, a decline of 69.8% from the August 15th total of 11,796 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 25,141 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On iShares CMBS ETF

Several hedge funds have recently made changes to their positions in CMBS. Prudential PLC acquired a new stake in shares of iShares CMBS ETF in the fourth quarter valued at approximately $9,541,000. LPL Financial LLC grew its position in iShares CMBS ETF by 39.4% in the fourth quarter. LPL Financial LLC now owns 418,164 shares of the company’s stock valued at $20,523,000 after purchasing an additional 118,291 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in iShares CMBS ETF in the 4th quarter valued at $3,286,000. Cetera Investment Advisers raised its holdings in iShares CMBS ETF by 92.3% during the fourth quarter. Cetera Investment Advisers now owns 132,780 shares of the company’s stock worth $6,517,000 after acquiring an additional 63,726 shares in the last quarter. Finally, UBS Group AG boosted its position in iShares CMBS ETF by 15.8% during the third quarter. UBS Group AG now owns 438,177 shares of the company’s stock valued at $21,501,000 after purchasing an additional 59,939 shares during the last quarter.

iShares CMBS ETF Stock Down 0.4%

Shares of NYSEARCA:CMBS traded down $0.17 during mid-day trading on Friday, reaching $47.72. 45,221 shares of the stock were exchanged, compared to its average volume of 43,097. iShares CMBS ETF has a one year low of $47.65 and a one year high of $49.89. The stock’s 50 day simple moving average is $48.29 and its 200-day simple moving average is $48.62.

iShares CMBS ETF Company Profile

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.