iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 4,269 shares, a decrease of 67.5% from the September 15th total of 13,151 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 112,988 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of iShares CMBS ETF
Several institutional investors have recently bought and sold shares of the company. Central Bank & Trust Co. bought a new stake in shares of iShares CMBS ETF during the third quarter valued at approximately $9,201,000. Cetera Investment Advisers raised its position in iShares CMBS ETF by 15.5% in the first quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock worth $7,476,000 after acquiring an additional 20,631 shares during the period. Envestnet Asset Management Inc. grew its holdings in iShares CMBS ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 48,362 shares of the company’s stock valued at $2,353,000 after purchasing an additional 678 shares during the period. Rosenberg Matthew Hamilton increased its holdings in iShares CMBS ETF by 21.0% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 37,162 shares of the company’s stock worth $1,757,000 after acquiring an additional 6,448 shares in the last quarter. Finally, Hyundai Investments Co. Ltd. lifted its stake in shares of iShares CMBS ETF by 77.9% during the 2nd quarter. Hyundai Investments Co. Ltd. now owns 15,694 shares of the company’s stock valued at $765,000 after buying an additional 6,870 shares in the last quarter.
iShares CMBS ETF Price Performance
Shares of CMBS stock traded down $0.10 during trading hours on Tuesday, hitting $47.33. 77,431 shares of the company’s stock traded hands, compared to its average volume of 49,066. The stock’s fifty day simple moving average is $47.89 and its two-hundred day simple moving average is $48.34. iShares CMBS ETF has a 12-month low of $47.09 and a 12-month high of $49.89.
About iShares CMBS ETF
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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