Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Increases By 50.4%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 63,920 shares, an increase of 50.4% from the February 26th total of 42,487 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 284,404 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. increased its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% during the fourth quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock valued at $61,271,000 after acquiring an additional 52,792 shares in the last quarter. CW Advisors LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 2.9% in the 2nd quarter. CW Advisors LLC now owns 6,786,466 shares of the company’s stock worth $58,601,000 after purchasing an additional 193,917 shares in the last quarter. NewEdge Wealth LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 1.5% in the 4th quarter. NewEdge Wealth LLC now owns 2,403,115 shares of the company’s stock worth $21,015,000 after purchasing an additional 35,512 shares in the last quarter. Altfest L J & Co. Inc. grew its position in Angel Oak Mortgage-Backed Securities ETF by 3.0% in the 4th quarter. Altfest L J & Co. Inc. now owns 1,688,014 shares of the company’s stock valued at $14,762,000 after purchasing an additional 49,670 shares during the period. Finally, MML Investors Services LLC grew its position in Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the 4th quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after purchasing an additional 280,162 shares during the period.

Angel Oak Mortgage-Backed Securities ETF Trading Down 0.1%

NASDAQ:MBS traded down $0.01 during trading hours on Friday, reaching $8.69. The company had a trading volume of 37,875 shares, compared to its average volume of 129,640. Angel Oak Mortgage-Backed Securities ETF has a twelve month low of $8.46 and a twelve month high of $9.16. The business’s 50-day simple moving average is $8.79 and its two-hundred day simple moving average is $8.78.

Angel Oak Mortgage-Backed Securities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 27th were paid a dividend of $0.0311 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Friday, February 27th.

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.