iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Down 77.5% in February

iShares CMBS ETF (NYSEARCA:CMBS) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 15,318 shares, a decrease of 77.5% from the January 29th total of 68,138 shares. Based on an average trading volume of 46,837 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 46,837 shares, the days-to-cover ratio is presently 0.3 days.

iShares CMBS ETF Stock Performance

Shares of NYSEARCA:CMBS traded down $0.09 during trading on Thursday, reaching $49.55. The stock had a trading volume of 13,287 shares, compared to its average volume of 57,881. iShares CMBS ETF has a 1-year low of $47.45 and a 1-year high of $50.09. The business has a fifty day moving average price of $49.23 and a 200-day moving average price of $49.12.

Hedge Funds Weigh In On iShares CMBS ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Maia Wealth LLC grew its stake in iShares CMBS ETF by 90.8% during the 4th quarter. Maia Wealth LLC now owns 15,294 shares of the company’s stock valued at $756,000 after acquiring an additional 7,279 shares in the last quarter. Cetera Investment Advisers lifted its stake in iShares CMBS ETF by 92.3% in the 4th quarter. Cetera Investment Advisers now owns 132,780 shares of the company’s stock worth $6,517,000 after purchasing an additional 63,726 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in shares of iShares CMBS ETF by 12.7% during the 4th quarter. Osaic Holdings Inc. now owns 173,271 shares of the company’s stock worth $8,505,000 after purchasing an additional 19,497 shares during the last quarter. &PARTNERS grew its position in shares of iShares CMBS ETF by 65.9% in the fourth quarter. &PARTNERS now owns 17,319 shares of the company’s stock valued at $850,000 after purchasing an additional 6,880 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares CMBS ETF by 16.8% in the fourth quarter. Royal Bank of Canada now owns 7,077 shares of the company’s stock valued at $347,000 after purchasing an additional 1,018 shares in the last quarter.

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.