Short Interest in Simplify MBS ETF (NYSEARCA:MTBA) Rises By 114.8%

Simplify MBS ETF (NYSEARCA:MTBA) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 29,945 shares, a growth of 114.8% from the May 31st total of 13,938 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 175,595 shares, the short-interest ratio is currently 0.2 days.

Simplify MBS ETF Price Performance

NYSEARCA:MTBA opened at $49.24 on Tuesday. Simplify MBS ETF has a twelve month low of $48.67 and a twelve month high of $50.88. The company’s 50 day moving average is $49.27 and its two-hundred day moving average is $49.90.

Institutional Investors Weigh In On Simplify MBS ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC raised its stake in Simplify MBS ETF by 37.6% in the 1st quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock worth $1,095,000 after acquiring an additional 5,970 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in Simplify MBS ETF during the 1st quarter valued at about $518,000. JPMorgan Chase & Co. grew its stake in Simplify MBS ETF by 4.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after purchasing an additional 5,582 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF in the second quarter valued at about $111,000. Finally, Jane Street Group LLC increased its holdings in shares of Simplify MBS ETF by 638.9% in the second quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after purchasing an additional 68,776 shares during the period.

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.