iShares CMBS ETF (NYSEARCA:CMBS) Sees Significant Increase in Short Interest

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 68,138 shares, a growth of 46.3% from the January 15th total of 46,568 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 57,738 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 57,738 shares, the short-interest ratio is currently 1.2 days. Approximately 0.7% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares CMBS ETF

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in iShares CMBS ETF by 122.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 71,881 shares of the company’s stock valued at $3,502,000 after purchasing an additional 39,600 shares during the period. AE Wealth Management LLC boosted its stake in iShares CMBS ETF by 6.4% during the second quarter. AE Wealth Management LLC now owns 397,979 shares of the company’s stock valued at $19,389,000 after buying an additional 23,972 shares during the period. Systelligence LLC grew its position in iShares CMBS ETF by 34.7% during the second quarter. Systelligence LLC now owns 165,931 shares of the company’s stock worth $8,084,000 after buying an additional 42,727 shares in the last quarter. Heck Capital Advisors LLC purchased a new position in iShares CMBS ETF during the third quarter worth about $1,133,000. Finally, Avantax Advisory Services Inc. increased its stake in iShares CMBS ETF by 25.2% in the 2nd quarter. Avantax Advisory Services Inc. now owns 47,079 shares of the company’s stock worth $2,294,000 after acquiring an additional 9,467 shares during the last quarter.

iShares CMBS ETF Price Performance

NYSEARCA CMBS opened at $49.47 on Tuesday. The company’s 50 day moving average is $49.17 and its 200-day moving average is $49.09. iShares CMBS ETF has a 12-month low of $47.30 and a 12-month high of $50.09.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.