Regan Floating Rate MBS ETF (NYSEARCA:MBSF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Regan Floating Rate MBS ETF (NYSEARCA:MBSF – Get Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,717 shares, a growth of 87.2% from the April 15th total of 5,725 shares. Based on an average daily volume of 63,431 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Regan Floating Rate MBS ETF Stock Performance

MBSF traded up $0.06 during trading hours on Friday, hitting $25.67. 170,797 shares of the company’s stock were exchanged, compared to its average volume of 59,169. Regan Floating Rate MBS ETF has a 1-year low of $25.09 and a 1-year high of $28.56. The stock’s 50-day moving average is $25.66 and its two-hundred day moving average is $25.65.

Regan Floating Rate MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were issued a dividend of $0.0776 per share. The ex-dividend date was Wednesday, February 25th. This is a positive change from Regan Floating Rate MBS ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.6%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Regan Floating Rate MBS ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Regan Floating Rate MBS ETF (NYSEARCA:MBSF – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,155 shares of the company’s stock, valued at approximately $412,000. Flow Traders U.S. LLC owned approximately 0.25% of Regan Floating Rate MBS ETF at the end of the most recent quarter.

About Regan Floating Rate MBS ETF

(Get Free Report)

The Regan Floating Rate MBS ETF (MBSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks current income through an actively managed portfolio comprised of floating-rate residential mortgage-backed securities (RMBS) rated as investment grade. MBSF was launched on Feb 28, 2024 and is issued by Regan.

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