Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Significant Increase in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 52,028 shares, a growth of 292.5% from the December 31st total of 13,257 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 149,924 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 149,924 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

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

A number of large investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC acquired a new position in Angel Oak Mortgage-Backed Securities ETF in the 2nd quarter valued at $35,000. First Financial Bankshares Inc bought a new stake in Angel Oak Mortgage-Backed Securities ETF during the third quarter worth about $152,000. Envestnet Asset Management Inc. bought a new stake in Angel Oak Mortgage-Backed Securities ETF during the third quarter worth about $197,000. Benjamin Edwards Inc. grew its stake in Angel Oak Mortgage-Backed Securities ETF by 12.8% during the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock worth $545,000 after buying an additional 7,177 shares in the last quarter. Finally, Embree Financial Group bought a new position in Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter valued at about $657,000.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of MBS stock remained flat at $8.78 on Thursday. 131,523 shares of the company traded hands, compared to its average volume of 124,138. The business has a fifty day simple moving average of $8.76 and a 200 day simple moving average of $8.73. Angel Oak Mortgage-Backed Securities ETF has a fifty-two week low of $8.41 and a fifty-two week high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a $0.0442 dividend. The ex-dividend date was Wednesday, December 31st. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03.

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.