Regan Floating Rate MBS ETF (NYSEARCA:MBSF) Sees Significant Growth in Short Interest
by Michael Walen · The Markets DailyRegan Floating Rate MBS ETF (NYSEARCA:MBSF – Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 38,181 shares, a growth of 582.0% from the December 15th total of 5,598 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 51,782 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 51,782 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the company’s shares are sold short.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Regan Floating Rate MBS ETF stock. Flow Traders U.S. LLC purchased a new stake in 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 about 0.25% of Regan Floating Rate MBS ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Regan Floating Rate MBS ETF Price Performance
MBSF stock traded down $0.05 during trading on Tuesday, reaching $25.58. 92,940 shares of the company traded hands, compared to its average volume of 75,706. The business has a 50 day simple moving average of $25.60 and a 200 day simple moving average of $25.55. Regan Floating Rate MBS ETF has a 12 month low of $25.13 and a 12 month high of $25.93.
Regan Floating Rate MBS ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Monday, December 29th. Shareholders of record on Tuesday, December 23rd were issued a $0.1408 dividend. This is a boost from Regan Floating Rate MBS ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Tuesday, December 23rd.
About Regan Floating Rate MBS ETF
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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