Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 185,600 shares, a decrease of 27.3% from the January 15th total of 255,258 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 629,023 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 629,023 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Mariner LLC boosted its holdings in Schwab Mortgage-Backed Securities ETF by 69.6% in the fourth quarter. Mariner LLC now owns 29,388 shares of the company’s stock worth $755,000 after purchasing an additional 12,065 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Schwab Mortgage-Backed Securities ETF by 5.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 222,649,093 shares of the company’s stock worth $5,716,516,000 after buying an additional 11,574,326 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Schwab Mortgage-Backed Securities ETF by 451.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock worth $45,000 after buying an additional 1,421 shares during the period. Summit Financial LLC grew its stake in Schwab Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. Summit Financial LLC now owns 106,922 shares of the company’s stock valued at $2,745,000 after buying an additional 655 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in Schwab Mortgage-Backed Securities ETF by 202.9% in the 4th quarter. Jane Street Group LLC now owns 48,742 shares of the company’s stock valued at $1,251,000 after buying an additional 32,652 shares during the last quarter.

Schwab Mortgage-Backed Securities ETF Stock Performance

Shares of SMBS traded up $0.08 during midday trading on Monday, hitting $25.98. 348,804 shares of the stock traded hands, compared to its average volume of 539,673. The business’s 50 day moving average price is $25.76 and its two-hundred day moving average price is $25.68. Schwab Mortgage-Backed Securities ETF has a 1-year low of $24.65 and a 1-year high of $26.22.

About Schwab Mortgage-Backed Securities ETF

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.