Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Shares Shorted: Short Interest Down 68.0% in October

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 138,393 shares, a decline of 68.0% from the September 30th total of 432,706 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 1,694,256 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

Several institutional investors have recently added to or reduced their stakes in the business. Schwallier Wealth Management LLC bought a new stake in Schwab Mortgage-Backed Securities ETF in the 1st quarter valued at about $4,502,000. Citadel Advisors LLC grew its stake in Schwab Mortgage-Backed Securities ETF by 129.9% in the second quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock valued at $4,103,000 after acquiring an additional 91,198 shares during the period. Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter valued at approximately $1,272,000. One Way Holdings LLC bought a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter valued at approximately $1,214,000. Finally, Bank of America Corp DE increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 1,293,500.0% during the first quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock valued at $661,000 after acquiring an additional 25,870 shares in the last quarter.

Schwab Mortgage-Backed Securities ETF Stock Up 0.3%

Shares of Schwab Mortgage-Backed Securities ETF stock traded up $0.07 on Friday, hitting $24.60. 2,289,443 shares of the company’s stock traded hands, compared to its average volume of 848,301. Schwab Mortgage-Backed Securities ETF has a one year low of $23.80 and a one year high of $26.12. The company has a fifty day moving average of $24.46 and a two-hundred day moving average of $25.22.

About Schwab Mortgage-Backed Securities ETF

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.