Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 64.5% in May

by · The Markets Daily

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS – Get Free Report) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 29,303 shares, a decline of 64.5% from the April 30th total of 82,579 shares. Based on an average trading volume of 58,060 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in MBS. MML Investors Services LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the fourth quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after purchasing an additional 280,162 shares during the last quarter. NewEdge Wealth LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 7.9% in the first quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock valued at $22,453,000 after purchasing an additional 189,635 shares during the last quarter. Jane Street Group LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% in the first quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock valued at $1,417,000 after purchasing an additional 91,395 shares during the last quarter. Embree Financial Group grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% in the fourth quarter. Embree Financial Group now owns 152,912 shares of the company’s stock valued at $1,337,000 after purchasing an additional 77,642 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% in the fourth quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock valued at $61,271,000 after purchasing an additional 52,792 shares during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

MBS traded down $0.01 during trading on Monday, reaching $8.61. 38,855 shares of the stock traded hands, compared to its average volume of 107,927. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.49 and a fifty-two week high of $9.16. The stock’s 50-day simple moving average is $8.69 and its two-hundred day simple moving average is $8.75.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 29th will be given a $0.0359 dividend. The ex-dividend date of this dividend is Friday, May 29th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.

Featured Stories