Simplify MBS ETF (NYSEARCA:MTBA) Sees Significant Increase in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 58,772 shares, a growth of 40.4% from the February 26th total of 41,865 shares. Based on an average daily trading volume, of 249,356 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Simplify MBS ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC increased its position in shares of Simplify MBS ETF by 1,555.6% during the third quarter. Ameritas Advisory Services LLC now owns 32,350 shares of the company’s stock valued at $1,629,000 after acquiring an additional 30,396 shares during the last quarter. Aprio Wealth Management LLC grew its stake in Simplify MBS ETF by 7.6% in the 3rd quarter. Aprio Wealth Management LLC now owns 414,879 shares of the company’s stock valued at $20,889,000 after purchasing an additional 29,193 shares during the period. Edge Wealth Management LLC increased its position in shares of Simplify MBS ETF by 211.3% during the 4th quarter. Edge Wealth Management LLC now owns 1,000,038 shares of the company’s stock valued at $50,412,000 after purchasing an additional 678,832 shares during the last quarter. First National Bank Sioux Falls raised its stake in shares of Simplify MBS ETF by 40.5% during the 3rd quarter. First National Bank Sioux Falls now owns 41,130 shares of the company’s stock worth $2,071,000 after purchasing an additional 11,857 shares during the period. Finally, True Wealth Design LLC boosted its holdings in shares of Simplify MBS ETF by 6.7% in the 3rd quarter. True Wealth Design LLC now owns 216,384 shares of the company’s stock worth $10,895,000 after buying an additional 13,642 shares during the last quarter.

Simplify MBS ETF Price Performance

MTBA traded up $0.24 during mid-day trading on Monday, reaching $49.32. 252,916 shares of the stock were exchanged, compared to its average volume of 232,797. Simplify MBS ETF has a 1 year low of $48.90 and a 1 year high of $50.88. The company has a 50 day moving average price of $50.27 and a two-hundred day moving average price of $50.42.

Simplify MBS ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

About Simplify MBS ETF

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.