Regan Floating Rate MBS ETF (NYSEARCA:MBSF) Sees Significant Growth in Short Interest

Regan Floating Rate MBS ETF (NYSEARCA:MBSF) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 10,717 shares, a growth of 87.2% from the April 15th total of 5,725 shares. Based on an average daily volume of 63,431 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Regan Floating Rate MBS ETF Stock Performance

MBSF traded up $0.06 during trading hours on Friday, hitting $25.67. 170,797 shares of the company’s stock were exchanged, compared to its average volume of 59,169. Regan Floating Rate MBS ETF has a 1-year low of $25.09 and a 1-year high of $28.56. The stock’s 50-day moving average is $25.66 and its two-hundred day moving average is $25.65.

Regan Floating Rate MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were issued a dividend of $0.0776 per share. The ex-dividend date was Wednesday, February 25th. This is a positive change from Regan Floating Rate MBS ETF’s previous monthly dividend of $0.07. This represents a c) annualized dividend and a yield of 3.6%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Regan Floating Rate MBS ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Regan Floating Rate MBS ETF (NYSEARCA:MBSF) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,155 shares of the company’s stock, valued at approximately $412,000. Flow Traders U.S. LLC owned approximately 0.25% of Regan Floating Rate MBS ETF at the end of the most recent quarter.

About Regan Floating Rate MBS ETF

The Regan Floating Rate MBS ETF (MBSF) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks current income through an actively managed portfolio comprised of floating-rate residential mortgage-backed securities (RMBS) rated as investment grade. MBSF was launched on Feb 28, 2024 and is issued by Regan.