iShares MBS ETF (NASDAQ:MBB) Sees Significant Decrease in Short Interest

iShares MBS ETF (NASDAQ:MBB) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 1,790,000 shares, a drop of 32.2% from the December 15th total of 2,640,000 shares. Based on an average daily volume of 2,838,100 shares, the days-to-cover ratio is currently 0.6 days.

iShares MBS ETF Stock Up 1.1 %

Shares of NASDAQ MBB traded up $0.95 during midday trading on Wednesday, reaching $91.41. The company’s stock had a trading volume of 3,382,776 shares, compared to its average volume of 2,655,586. The business’s 50 day moving average price is $92.30 and its two-hundred day moving average price is $93.60. iShares MBS ETF has a fifty-two week low of $89.16 and a fifty-two week high of $96.76.

iShares MBS ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.2944 dividend. The ex-dividend date was Wednesday, December 18th.

Institutional Trading of iShares MBS ETF

A number of institutional investors have recently modified their holdings of MBB. Ignite Planners LLC increased its position in shares of iShares MBS ETF by 4.9% in the fourth quarter. Ignite Planners LLC now owns 2,473 shares of the company’s stock worth $226,000 after purchasing an additional 115 shares during the period. Strategic Blueprint LLC grew its stake in iShares MBS ETF by 0.6% during the third quarter. Strategic Blueprint LLC now owns 18,707 shares of the company’s stock worth $1,792,000 after buying an additional 116 shares in the last quarter. Cypress Wealth Services LLC increased its holdings in iShares MBS ETF by 0.3% in the 3rd quarter. Cypress Wealth Services LLC now owns 46,586 shares of the company’s stock valued at $4,463,000 after buying an additional 120 shares during the period. Savvy Advisors Inc. raised its position in shares of iShares MBS ETF by 4.3% in the 3rd quarter. Savvy Advisors Inc. now owns 2,918 shares of the company’s stock valued at $280,000 after buying an additional 121 shares in the last quarter. Finally, Delos Wealth Advisors LLC lifted its holdings in shares of iShares MBS ETF by 4.3% during the 3rd quarter. Delos Wealth Advisors LLC now owns 2,938 shares of the company’s stock worth $281,000 after acquiring an additional 121 shares during the period. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA).