iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Up 76.7% in March

iShares CMBS ETF (NYSEARCA:CMBS) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 22,770 shares, a growth of 76.7% from the February 26th total of 12,887 shares. Based on an average daily trading volume, of 37,749 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On iShares CMBS ETF

Several institutional investors have recently bought and sold shares of CMBS. Syon Capital LLC increased its position in iShares CMBS ETF by 8.9% in the fourth quarter. Syon Capital LLC now owns 633,847 shares of the company’s stock worth $31,109,000 after buying an additional 51,917 shares during the last quarter. UBS Group AG grew its stake in shares of iShares CMBS ETF by 23.7% during the 4th quarter. UBS Group AG now owns 541,908 shares of the company’s stock worth $26,597,000 after acquiring an additional 103,731 shares during the period. AE Wealth Management LLC grew its stake in shares of iShares CMBS ETF by 13.7% during the 4th quarter. AE Wealth Management LLC now owns 490,546 shares of the company’s stock worth $24,076,000 after acquiring an additional 59,023 shares during the period. LPL Financial LLC grew its stake in shares of iShares CMBS ETF by 39.4% during the 4th quarter. LPL Financial LLC now owns 418,164 shares of the company’s stock worth $20,523,000 after acquiring an additional 118,291 shares during the period. Finally, Bank of America Corp DE increased its holdings in iShares CMBS ETF by 1.9% in the 3rd quarter. Bank of America Corp DE now owns 303,583 shares of the company’s stock worth $14,897,000 after acquiring an additional 5,785 shares during the last quarter.

iShares CMBS ETF Trading Down 0.3%

CMBS opened at $48.53 on Friday. iShares CMBS ETF has a twelve month low of $47.45 and a twelve month high of $50.09. The company’s 50-day moving average price is $49.23 and its two-hundred day moving average price is $49.16.

iShares CMBS ETF Company Profile

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.