Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 65,111 shares, an increase of 114.4% from the July 15th total of 30,364 shares. Based on an average trading volume of 128,006 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are short sold.
Simplify MBS ETF Stock Down 0.2%
Shares of Simplify MBS ETF stock traded down $0.09 during trading on Friday, hitting $48.73. 89,889 shares of the stock were exchanged, compared to its average volume of 195,704. The company has a fifty day moving average price of $48.92 and a 200-day moving average price of $49.50. Simplify MBS ETF has a 1-year low of $48.37 and a 1-year high of $50.88.
Hedge Funds Weigh In On Simplify MBS ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new stake in Simplify MBS ETF in the fourth quarter valued at approximately $71,000. Raymond James Financial Inc. bought a new position in shares of Simplify MBS ETF during the 2nd quarter worth approximately $111,000. Harbour Investments Inc. boosted its stake in shares of Simplify MBS ETF by 105.3% during the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after acquiring an additional 1,323 shares during the period. Strive Financial Group LLC acquired a new position in shares of Simplify MBS ETF during the 4th quarter worth approximately $140,000. Finally, Arax Advisory Partners acquired a new position in shares of Simplify MBS ETF during the 4th quarter worth approximately $154,000.
Simplify MBS ETF Company Profile
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.
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