Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 47.6% in June

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 32,775 shares, a decline of 47.6% from the June 15th total of 62,561 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 57,203 shares, the days-to-cover ratio is currently 0.6 days.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Angel Oak Mortgage-Backed Securities ETF stock remained flat at $8.61 during midday trading on Friday. The company had a trading volume of 13,080 shares, compared to its average volume of 92,620. Angel Oak Mortgage-Backed Securities ETF has a 12-month low of $8.52 and a 12-month high of $9.16. The stock’s fifty day simple moving average is $8.63 and its two-hundred day simple moving average is $8.71.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a $0.0398 dividend. The ex-dividend date was Tuesday, June 30th. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. lifted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock valued at $61,271,000 after purchasing an additional 52,792 shares during the period. NewEdge Wealth LLC grew its position in Angel Oak Mortgage-Backed Securities ETF by 7.9% during the first quarter. NewEdge Wealth LLC now owns 2,592,750 shares of the company’s stock valued at $22,453,000 after buying an additional 189,635 shares during the period. Altfest L J & Co. Inc. grew its position in Angel Oak Mortgage-Backed Securities ETF by 3.0% during the fourth quarter. Altfest L J & Co. Inc. now owns 1,688,014 shares of the company’s stock valued at $14,762,000 after buying an additional 49,670 shares during the period. NewEdge Advisors LLC grew its position in Angel Oak Mortgage-Backed Securities ETF by 1.0% during the first quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock valued at $6,728,000 after buying an additional 7,586 shares during the period. Finally, MML Investors Services LLC increased its holdings in Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the fourth quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after buying an additional 280,162 shares in the last quarter.

About Angel Oak Mortgage-Backed Securities ETF

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.