Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Shares Shorted: Short Interest Down 68.0% in October

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 138,393 shares, a decline of 68.0% from the September 30th total of 432,706 shares. Based on an average trading volume of 1,694,256 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Schwab Mortgage-Backed Securities ETF Trading Up 0.3%

Shares of NYSEARCA:SMBS traded up $0.07 during trading hours on Friday, reaching $24.60. The stock had a trading volume of 2,289,443 shares, compared to its average volume of 848,301. Schwab Mortgage-Backed Securities ETF has a 1 year low of $23.80 and a 1 year high of $26.12. The firm’s 50 day moving average is $24.46 and its 200-day moving average is $25.22.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Schwallier Wealth Management LLC purchased a new stake in Schwab Mortgage-Backed Securities ETF during the 1st quarter worth about $4,502,000. Citadel Advisors LLC increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 129.9% in the 2nd quarter. Citadel Advisors LLC now owns 161,415 shares of the company’s stock valued at $4,103,000 after acquiring an additional 91,198 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at about $1,272,000. One Way Holdings LLC purchased a new position in shares of Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at about $1,214,000. Finally, Bank of America Corp DE increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 1,293,500.0% in the 1st quarter. Bank of America Corp DE now owns 25,872 shares of the company’s stock valued at $661,000 after acquiring an additional 25,870 shares during the last quarter.

Schwab Mortgage-Backed Securities ETF Company Profile

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.