Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 185,600 shares, a drop of 27.3% from the January 15th total of 255,258 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 629,023 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 629,023 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Schwab Mortgage-Backed Securities ETF Stock Performance

SMBS stock traded up $0.08 on Friday, reaching $25.98. The company’s stock had a trading volume of 348,804 shares, compared to its average volume of 539,673. The business has a fifty day simple moving average of $25.75 and a two-hundred day simple moving average of $25.68. Schwab Mortgage-Backed Securities ETF has a 12-month low of $24.65 and a 12-month high of $26.22.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

A number of large investors have recently modified their holdings of SMBS. Howe & Rusling Inc. bought a new position in Schwab Mortgage-Backed Securities ETF in the third quarter worth about $26,000. Aptus Capital Advisors LLC boosted its position in Schwab Mortgage-Backed Securities ETF by 165.3% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock valued at $27,000 after acquiring an additional 648 shares in the last quarter. Triumph Capital Management purchased a new position in shares of Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $31,000. SYM FINANCIAL Corp purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $35,000. Finally, Bank of America Corp DE boosted its position in shares of Schwab Mortgage-Backed Securities ETF by 372.6% during the third quarter. Bank of America Corp DE now owns 1,706 shares of the company’s stock valued at $44,000 after purchasing an additional 1,345 shares in the last quarter.

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.