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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 21,376 shares, a decrease of 87.9% from the September 30th total of 176,610 shares. Based on an average daily volume of 118,528 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Angel Oak Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of Angel Oak Mortgage-Backed Securities ETF stock traded up $0.01 during trading on Wednesday, hitting $8.31. 82,026 shares of the stock traded hands, compared to its average volume of 127,030. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.13 and a twelve month high of $9.16. The company has a fifty day moving average price of $8.36 and a two-hundred day moving average price of $8.60.

Angel Oak Mortgage-Backed Securities ETF shares are scheduled to reverse split before the market opens on Monday, November 16th. The 1-7 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 15th.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.0382 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0341. This represents a $0.46 annualized dividend and a yield of 5.5%.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 1st quarter valued at $51,000. RFG Advisory LLC increased its position in Angel Oak Mortgage-Backed Securities ETF by 5.0% during the first quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock worth $1,173,000 after buying an additional 6,393 shares during the last quarter. United Asset Strategies Inc. increased its position in Angel Oak Mortgage-Backed Securities ETF by 6.2% during the third quarter. United Asset Strategies Inc. now owns 121,380 shares of the company’s stock worth $992,000 after buying an additional 7,106 shares during the last quarter. NewEdge Advisors LLC increased its position in Angel Oak Mortgage-Backed Securities ETF by 1.0% during the first quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock worth $6,728,000 after buying an additional 7,586 shares during the last quarter. Finally, Quantinno Capital Management LP bought a new position in Angel Oak Mortgage-Backed Securities ETF during the first quarter valued at about $105,000.

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.