Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Up 10,867.0% in February

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 11,954 shares, a growth of 10,867.0% from the February 12th total of 109 shares. Based on an average daily trading volume, of 598,318 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 598,318 shares, the days-to-cover ratio is currently 0.0 days.

Schwab Mortgage-Backed Securities ETF Stock Performance

Schwab Mortgage-Backed Securities ETF stock opened at $25.67 on Thursday. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.65 and a 1 year high of $26.22. The business has a 50-day moving average of $25.82 and a 200-day moving average of $25.75.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

Large investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. acquired a new position in shares of Schwab Mortgage-Backed Securities ETF in the 2nd quarter valued at $5,145,462,000. JPMorgan Chase & Co. bought a new position in Schwab Mortgage-Backed Securities ETF during the second quarter worth about $3,613,000. Jane Street Group LLC grew its stake in Schwab Mortgage-Backed Securities ETF by 349.1% in the second quarter. Jane Street Group LLC now owns 73,568 shares of the company’s stock valued at $1,874,000 after acquiring an additional 57,186 shares during the period. CacheTech Inc. increased its holdings in shares of Schwab Mortgage-Backed Securities ETF by 7.6% in the third quarter. CacheTech Inc. now owns 379,625 shares of the company’s stock worth $9,760,000 after acquiring an additional 26,827 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV acquired a new stake in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth about $606,000.

About Schwab Mortgage-Backed Securities ETF

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.