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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 65,437 shares, an increase of 25.9% from the March 31st total of 51,967 shares. Based on an average trading volume of 85,327 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.4% of the shares of the stock are short sold.

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

Hedge funds have recently modified their holdings of the company. Embree Financial Group raised its position in Angel Oak Mortgage-Backed Securities ETF by 103.2% during the 4th quarter. Embree Financial Group now owns 152,912 shares of the company’s stock worth $1,337,000 after purchasing an additional 77,642 shares during the last quarter. Altfest L J & Co. Inc. raised its position in Angel Oak Mortgage-Backed Securities ETF by 84.8% during the 3rd quarter. Altfest L J & Co. Inc. now owns 1,638,344 shares of the company’s stock worth $14,295,000 after purchasing an additional 751,674 shares during the last quarter. NewEdge Wealth LLC raised its position in 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 worth $20,702,000 after purchasing an additional 121,085 shares during the last quarter. First Financial Bankshares Inc bought a new position in Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter worth $152,000. Finally, Weaver Consulting Group bought a new position in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter worth $271,000.

Angel Oak Mortgage-Backed Securities ETF Trading Up 0.1%

Shares of NASDAQ MBS traded up $0.01 during mid-day trading on Friday, hitting $8.68. 49,398 shares of the stock traded hands, compared to its average volume of 119,478. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.47 and a twelve month high of $9.16. The firm has a 50 day simple moving average of $8.76 and a two-hundred day simple moving average of $8.77.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 1st. Investors of record on Thursday, April 30th will be issued a dividend of $0.048 per share. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.05. The ex-dividend date of this dividend is Thursday, April 30th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

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.