Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update
by Mitch Edgeman · The Markets DailySchwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS – Get Free Report) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 78,286 shares, a growth of 410.3% from the March 15th total of 15,342 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 775,551 shares, the short-interest ratio is currently 0.1 days.
Schwab Mortgage-Backed Securities ETF Stock Performance
NYSEARCA SMBS opened at $25.58 on Friday. Schwab Mortgage-Backed Securities ETF has a fifty-two week low of $24.65 and a fifty-two week high of $26.22. The business has a 50 day moving average price of $25.71 and a two-hundred day moving average price of $25.74.
Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF
A number of large investors have recently added to or reduced their stakes in SMBS. Hidden Cove Wealth Management LLC acquired a new position in Schwab Mortgage-Backed Securities ETF in the 4th quarter worth $372,000. Chapman Financial Group LLC grew its stake in shares of Schwab Mortgage-Backed Securities ETF by 4.8% during the fourth quarter. Chapman Financial Group LLC now owns 25,281 shares of the company’s stock valued at $649,000 after acquiring an additional 1,148 shares in the last quarter. WealthCollab LLC purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the fourth quarter worth about $83,000. Piscataqua Savings Bank purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the fourth quarter worth about $134,000. Finally, Triumph Capital Management acquired a new position in shares of Schwab Mortgage-Backed Securities ETF in the third quarter worth about $31,000.
Schwab Mortgage-Backed Securities ETF Company Profile
The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.