Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 15,342 shares, an increase of 28.3% from the February 26th total of 11,954 shares. Based on an average daily trading volume, of 601,689 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Schwab Mortgage-Backed Securities ETF Stock Up 0.2%

SMBS traded up $0.05 during mid-day trading on Tuesday, reaching $25.55. The stock had a trading volume of 739,490 shares, compared to its average volume of 604,870. The firm’s fifty day simple moving average is $25.75 and its two-hundred day simple moving average is $25.75. Schwab Mortgage-Backed Securities ETF has a 52 week low of $24.65 and a 52 week high of $26.22.

Hedge Funds Weigh In On Schwab Mortgage-Backed Securities ETF

Hedge funds have recently added to or reduced their stakes in the company. Howe & Rusling Inc. acquired a new stake in Schwab Mortgage-Backed Securities ETF in the third quarter worth about $26,000. Aptus Capital Advisors LLC boosted its stake in shares of Schwab Mortgage-Backed Securities ETF by 165.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,040 shares of the company’s stock valued at $27,000 after purchasing an additional 648 shares during the last quarter. Triumph Capital Management bought a new position in shares of Schwab Mortgage-Backed Securities ETF in the 3rd quarter valued at about $31,000. Bank of America Corp DE grew its position in shares of Schwab Mortgage-Backed Securities ETF by 372.6% during the 3rd quarter. Bank of America Corp DE now owns 1,706 shares of the company’s stock worth $44,000 after buying an additional 1,345 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of Schwab Mortgage-Backed Securities ETF by 451.1% during the 4th quarter. Wells Fargo & Company MN now owns 1,736 shares of the company’s stock worth $45,000 after buying an additional 1,421 shares during the period.

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.