Short Interest in iShares CMBS ETF (NYSEARCA:CMBS) Drops By 52.0%

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 46,568 shares, a decline of 52.0% from the December 31st total of 97,095 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 81,384 shares, the short-interest ratio is currently 0.6 days. Based on an average trading volume of 81,384 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are short sold.

iShares CMBS ETF Trading Up 0.4%

Shares of NYSEARCA:CMBS traded up $0.19 during midday trading on Friday, hitting $49.31. The company’s stock had a trading volume of 34,142 shares, compared to its average volume of 69,517. The stock’s 50 day simple moving average is $49.15 and its 200 day simple moving average is $49.00. iShares CMBS ETF has a fifty-two week low of $47.26 and a fifty-two week high of $50.09.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Aptus Capital Advisors LLC acquired a new stake in shares of iShares CMBS ETF in the third quarter worth $49,000. Geneos Wealth Management Inc. raised its stake in iShares CMBS ETF by 596.6% during the 3rd quarter. Geneos Wealth Management Inc. now owns 2,689 shares of the company’s stock valued at $132,000 after purchasing an additional 2,303 shares during the last quarter. MAI Capital Management boosted its holdings in iShares CMBS ETF by 190.0% in the 3rd quarter. MAI Capital Management now owns 2,900 shares of the company’s stock valued at $142,000 after purchasing an additional 1,900 shares during the period. Laurel Wealth Advisors LLC grew its position in iShares CMBS ETF by 4,772.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,216 shares of the company’s stock worth $157,000 after purchasing an additional 3,150 shares during the last quarter. Finally, Horizon Financial Services LLC increased its holdings in shares of iShares CMBS ETF by 9.7% during the 4th quarter. Horizon Financial Services LLC now owns 3,283 shares of the company’s stock worth $161,000 after purchasing an additional 291 shares during the period.

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.