iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Update

iShares CMBS ETF (NYSEARCA:CMBS) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 5,176 shares, a drop of 46.4% from the June 30th total of 9,663 shares. Based on an average daily volume of 25,115 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

iShares CMBS ETF Stock Performance

iShares CMBS ETF stock traded down $0.15 during trading hours on Wednesday, reaching $48.25. The stock had a trading volume of 25,082 shares, compared to its average volume of 45,397. The business’s 50 day moving average price is $48.49 and its 200-day moving average price is $48.84. iShares CMBS ETF has a 52 week low of $48.11 and a 52 week high of $50.09.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares CMBS ETF in the fourth quarter valued at approximately $42,000. Aptus Capital Advisors LLC acquired a new position in shares of iShares CMBS ETF during the third quarter worth $49,000. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of iShares CMBS ETF during the 4th quarter valued at $246,000. Wealthcare Advisory Partners LLC boosted its position in shares of iShares CMBS ETF by 3.4% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after purchasing an additional 214 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares CMBS ETF by 40.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock worth $345,000 after purchasing an additional 2,025 shares in the last quarter.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.