Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Large Decrease in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 32,191 shares, a drop of 26.2% from the January 29th total of 43,616 shares. Based on an average daily volume of 73,939 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 73,939 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Several institutional investors have recently bought and sold shares of the company. United Asset Strategies Inc. boosted its position in shares of Angel Oak Mortgage-Backed Securities ETF by 6.2% in the 3rd quarter. United Asset Strategies Inc. now owns 99,589 shares of the company’s stock worth $869,000 after purchasing an additional 5,839 shares in the last quarter. Benjamin Edwards Inc. raised its stake in Angel Oak Mortgage-Backed Securities ETF by 12.8% in the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after buying an additional 7,177 shares during the last quarter. RFG Advisory LLC grew its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 9.4% during the fourth quarter. RFG Advisory LLC now owns 129,079 shares of the company’s stock worth $1,129,000 after acquiring an additional 11,142 shares during the last quarter. First Financial Bankshares Inc purchased a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter worth about $152,000. Finally, Envestnet Asset Management Inc. acquired a new position in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter valued at about $197,000.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ MBS remained flat at $8.86 during mid-day trading on Monday. 83,343 shares of the stock were exchanged, compared to its average volume of 99,546. Angel Oak Mortgage-Backed Securities ETF has a 12-month low of $8.46 and a 12-month high of $9.16. The stock’s 50 day moving average price is $8.78 and its 200-day moving average price is $8.76.

Angel Oak Mortgage-Backed Securities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Friday, February 27th will be issued a $0.0311 dividend. The ex-dividend date is Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.