Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 26.2% in February

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 32,191 shares, a drop of 26.2% from the January 29th total of 43,616 shares. Based on an average trading volume of 73,939 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 73,939 shares, the days-to-cover ratio is currently 0.4 days.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Angel Oak Mortgage-Backed Securities ETF stock remained flat at $8.86 during mid-day trading on Monday. 83,343 shares of the company were exchanged, compared to its average volume of 99,546. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.46 and a 52 week high of $9.16. The company’s 50 day moving average price is $8.78 and its 200-day moving average price is $8.76.

Angel Oak Mortgage-Backed Securities ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Friday, February 27th will be paid a $0.0311 dividend. The ex-dividend date is Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 4.2%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Embree Financial Group bought a new stake in Angel Oak Mortgage-Backed Securities ETF during the third quarter valued at approximately $657,000. Altfest L J & Co. Inc. raised its position in Angel Oak Mortgage-Backed Securities ETF by 84.8% in the third quarter. Altfest L J & Co. Inc. now owns 1,638,344 shares of the company’s stock worth $14,295,000 after acquiring an additional 751,674 shares during the period. CW Advisors LLC boosted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 2.9% during the 2nd quarter. CW Advisors LLC now owns 6,786,466 shares of the company’s stock worth $58,601,000 after acquiring an additional 193,917 shares during the last quarter. NewEdge Wealth LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. NewEdge Wealth LLC now owns 2,367,603 shares of the company’s stock valued at $20,702,000 after acquiring an additional 121,085 shares during the period. Finally, RFG Advisory LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 9.4% during the 4th quarter. RFG Advisory LLC now owns 129,079 shares of the company’s stock valued at $1,129,000 after acquiring an additional 11,142 shares during the period.

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.