Simplify MBS ETF (NYSEARCA:MTBA) Sees Significant Increase in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 58,772 shares, a growth of 40.4% from the February 26th total of 41,865 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 249,356 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Simplify MBS ETF

A number of large investors have recently made changes to their positions in MTBA. Tradewinds Capital Management LLC bought a new stake in shares of Simplify MBS ETF during the 4th quarter valued at $50,000. Kestra Advisory Services LLC purchased a new position in Simplify MBS ETF during the 4th quarter valued at about $71,000. Global Retirement Partners LLC increased its position in shares of Simplify MBS ETF by 73.5% during the third quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock valued at $85,000 after buying an additional 717 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of Simplify MBS ETF in the second quarter worth about $111,000. Finally, Harbour Investments Inc. boosted its position in shares of Simplify MBS ETF by 105.3% in the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock valued at $130,000 after acquiring an additional 1,323 shares during the period.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA traded up $0.24 during midday trading on Monday, hitting $49.32. The company’s stock had a trading volume of 252,916 shares, compared to its average volume of 232,797. The stock has a fifty day moving average price of $50.27 and a 200 day moving average price of $50.42. Simplify MBS ETF has a one year low of $48.90 and a one year high of $50.88.

Simplify MBS ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 6.1%.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.