Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Increases By 58.9%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 46,555 shares, an increase of 58.9% from the May 14th total of 29,303 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 62,245 shares, the short-interest ratio is currently 0.7 days.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

Institutional investors have recently bought and sold shares of the stock. Embree Financial Group boosted its position in shares of Angel Oak Mortgage-Backed Securities ETF by 103.2% in 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 in the last quarter. NewEdge Wealth LLC grew its position in Angel Oak Mortgage-Backed Securities ETF by 5.4% in 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 period. Royal Bank of Canada purchased a new stake in Angel Oak Mortgage-Backed Securities ETF during the 1st quarter valued at $51,000. Benjamin Edwards Inc. raised its stake in Angel Oak Mortgage-Backed Securities ETF by 12.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after buying an additional 7,177 shares during the last quarter. Finally, LPL Financial LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 54.6% during the 4th quarter. LPL Financial LLC now owns 132,385 shares of the company’s stock valued at $1,158,000 after buying an additional 46,734 shares during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Angel Oak Mortgage-Backed Securities ETF stock traded down $0.01 during midday trading on Wednesday, reaching $8.64. 9,747 shares of the stock were exchanged, compared to its average volume of 100,496. The company’s fifty day moving average is $8.66 and its 200-day moving average is $8.73. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.52 and a 52 week high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 29th were paid a dividend of $0.0359 per share. The ex-dividend date of this dividend was Friday, May 29th.

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.