iShares MBS ETF (NASDAQ:MBB) Short Interest Update

iShares MBS ETF (NASDAQ:MBB) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 3,216,263 shares, a drop of 12.3% from the December 31st total of 3,667,529 shares. Based on an average daily volume of 4,446,511 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.8% of the shares of the company are short sold. Currently, 0.8% of the shares of the company are short sold. Based on an average daily volume of 4,446,511 shares, the days-to-cover ratio is presently 0.7 days.

iShares MBS ETF Stock Down 0.1%

MBB opened at $95.20 on Thursday. The business’s 50 day moving average is $95.38 and its 200-day moving average is $94.98. iShares MBS ETF has a twelve month low of $90.84 and a twelve month high of $96.25.

iShares MBS ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.3347 per share. This is a boost from iShares MBS ETF’s previous monthly dividend of $0.33. The ex-dividend date is Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Delos Wealth Advisors LLC bought a new position in iShares MBS ETF in the 2nd quarter valued at about $26,000. Howe & Rusling Inc. raised its position in shares of iShares MBS ETF by 184.0% during the 3rd quarter. Howe & Rusling Inc. now owns 284 shares of the company’s stock worth $27,000 after buying an additional 184 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of iShares MBS ETF in the 2nd quarter worth approximately $30,000. Tsfg LLC lifted its stake in shares of iShares MBS ETF by 106.8% in the 2nd quarter. Tsfg LLC now owns 335 shares of the company’s stock worth $31,000 after acquiring an additional 173 shares during the period. Finally, Westfuller Advisors LLC bought a new position in shares of iShares MBS ETF in the third quarter valued at approximately $33,000. 91.70% of the stock is owned by institutional investors and hedge funds.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).