iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 15,318 shares, a decline of 77.5% from the January 29th total of 68,138 shares. Based on an average trading volume of 46,837 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 46,837 shares, the short-interest ratio is currently 0.3 days.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in CMBS. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares CMBS ETF during the 4th quarter worth about $42,000. Aptus Capital Advisors LLC acquired a new position in shares of iShares CMBS ETF during the 3rd quarter worth approximately $49,000. Geneos Wealth Management Inc. grew its position in shares of iShares CMBS ETF by 596.6% in the third 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 increased its stake in shares of iShares CMBS ETF by 190.0% during the third quarter. MAI Capital Management now owns 2,900 shares of the company’s stock worth $142,000 after purchasing an additional 1,900 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its holdings in iShares CMBS ETF by 4,772.7% during 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.
iShares CMBS ETF Stock Performance
Shares of CMBS opened at $49.89 on Friday. The company has a 50-day moving average price of $49.25 and a two-hundred day moving average price of $49.13. iShares CMBS ETF has a 12 month low of $47.45 and a 12 month high of $50.09.
iShares CMBS ETF Company Profile
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.
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