Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Grows By 58.9%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 46,555 shares, a growth of 58.9% from the May 14th total of 29,303 shares. Based on an average daily volume of 62,245 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Several large investors have recently made changes to their positions in the business. Osaic Holdings Inc. increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% in the fourth quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock worth $61,271,000 after acquiring an additional 52,792 shares in the last quarter. NewEdge Wealth LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 7.9% in the first quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock worth $22,453,000 after acquiring an additional 189,635 shares in the last quarter. Altfest L J & Co. Inc. increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 3.0% in the fourth quarter. Altfest L J & Co. Inc. now owns 1,688,014 shares of the company’s stock worth $14,762,000 after acquiring an additional 49,670 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 1.0% in the first quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock worth $6,728,000 after acquiring an additional 7,586 shares in the last quarter. Finally, MML Investors Services LLC increased its position in shares of Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the fourth quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock worth $2,695,000 after acquiring an additional 280,162 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of MBS stock opened at $8.64 on Thursday. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.52 and a one year high of $9.16. The company has a 50 day moving average price of $8.66 and a 200 day moving average price of $8.73.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were given a $0.0359 dividend. The ex-dividend date of this dividend was Friday, May 29th.

About Angel Oak Mortgage-Backed Securities ETF

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.