iShares CMBS ETF (NYSEARCA:CMBS) Sees Significant Decrease in Short Interest

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 4,269 shares, a decrease of 67.5% from the September 15th total of 13,151 shares. Based on an average daily volume of 112,988 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

iShares CMBS ETF Stock Down 0.1%

CMBS stock traded down $0.07 during mid-day trading on Monday, reaching $47.34. The company had a trading volume of 19,403 shares, compared to its average volume of 48,816. iShares CMBS ETF has a 52 week low of $47.09 and a 52 week high of $49.89. The stock has a 50 day simple moving average of $47.91 and a two-hundred day simple moving average of $48.35.

Institutional Investors Weigh In On iShares CMBS ETF

Large investors have recently made changes to their positions in the stock. Central Bank & Trust Co. bought a new position in shares of iShares CMBS ETF in the third quarter valued at $9,201,000. City Center Advisors LLC increased its holdings in iShares CMBS ETF by 36.9% during the third quarter. City Center Advisors LLC now owns 15,804 shares of the company’s stock worth $747,000 after buying an additional 4,257 shares during the last quarter. Rosenberg Matthew Hamilton increased its holdings in iShares CMBS ETF by 21.0% during the third quarter. Rosenberg Matthew Hamilton now owns 37,162 shares of the company’s stock worth $1,757,000 after buying an additional 6,448 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares CMBS ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 48,362 shares of the company’s stock worth $2,353,000 after acquiring an additional 678 shares in the last quarter. Finally, IFP Advisors Inc raised its position in iShares CMBS ETF by 42.3% during the second quarter. IFP Advisors Inc now owns 7,869 shares of the company’s stock worth $383,000 after acquiring an additional 2,341 shares in the last quarter.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.