iShares MBS ETF (NASDAQ:MBB) Short Interest Down 48.1% in January

iShares MBS ETF (NASDAQ:MBB) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 710,800 shares, a decline of 48.1% from the January 15th total of 1,370,000 shares. Based on an average daily trading volume, of 2,773,000 shares, the short-interest ratio is currently 0.3 days.

iShares MBS ETF Stock Performance

MBB traded up $0.63 during midday trading on Thursday, reaching $92.07. 2,433,083 shares of the company’s stock were exchanged, compared to its average volume of 2,345,446. iShares MBS ETF has a 1-year low of $89.16 and a 1-year high of $96.76. The business’s 50-day moving average price is $91.90 and its 200 day moving average price is $93.51.

iShares MBS ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3414 dividend. This is a boost from iShares MBS ETF’s previous dividend of $0.29. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Sagespring Wealth Partners LLC purchased a new stake in iShares MBS ETF in the fourth quarter valued at approximately $802,000. Townsquare Capital LLC boosted its holdings in shares of iShares MBS ETF by 5.8% in the 4th quarter. Townsquare Capital LLC now owns 38,027 shares of the company’s stock valued at $3,486,000 after purchasing an additional 2,097 shares during the last quarter. Manhattan West Asset Management LLC grew its stake in shares of iShares MBS ETF by 21.6% during the 4th quarter. Manhattan West Asset Management LLC now owns 75,534 shares of the company’s stock valued at $6,925,000 after buying an additional 13,404 shares during the period. Concorde Asset Management LLC grew its stake in shares of iShares MBS ETF by 14.5% during the 4th quarter. Concorde Asset Management LLC now owns 18,362 shares of the company’s stock valued at $1,683,000 after buying an additional 2,332 shares during the period. Finally, KDK Private Wealth Management LLC acquired a new stake in shares of iShares MBS ETF during the 4th quarter worth $211,000. Institutional investors and hedge funds own 91.70% of the company’s stock.

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).