iShares MBS ETF (NASDAQ:MBB) Short Interest Up 26.7% in October

iShares MBS ETF (NASDAQ:MBB) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 2,660,000 shares, a growth of 26.7% from the September 30th total of 2,100,000 shares. Based on an average trading volume of 2,135,100 shares, the days-to-cover ratio is presently 1.2 days.

iShares MBS ETF Stock Down 0.4 %

MBB traded down $0.39 during midday trading on Monday, reaching $92.73. The company had a trading volume of 916,787 shares, compared to its average volume of 2,293,136. iShares MBS ETF has a 12-month low of $86.17 and a 12-month high of $96.76. The business has a 50-day moving average price of $95.23 and a two-hundred day moving average price of $93.08.

iShares MBS ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3177 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MBB. St. Johns Investment Management Company LLC bought a new position in iShares MBS ETF in the third quarter valued at $30,000. Chris Bulman Inc bought a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $31,000. Rothschild Investment LLC purchased a new stake in iShares MBS ETF during the second quarter valued at about $33,000. Godsey & Gibb Inc. bought a new position in iShares MBS ETF during the 3rd quarter worth approximately $33,000. Finally, PSI Advisors LLC boosted its stake in shares of iShares MBS ETF by 2,289.5% during the second quarter. PSI Advisors LLC now owns 454 shares of the company’s stock valued at $42,000 after purchasing an additional 435 shares during the period. 91.70% of the stock is currently owned by hedge funds and other 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).