iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Down 69.8% in August

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 3,565 shares, a decline of 69.8% from the August 15th total of 11,796 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 25,141 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CMBS. MidAtlantic Capital Management Inc. purchased a new stake in iShares CMBS ETF during the fourth quarter worth approximately $42,000. Rogco LP purchased a new position in iShares CMBS ETF in the second quarter valued at approximately $43,000. Aptus Capital Advisors LLC acquired a new stake in iShares CMBS ETF during the third quarter worth approximately $49,000. Wealthcare Advisory Partners LLC raised its holdings in iShares CMBS ETF by 3.4% during the second quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after purchasing an additional 214 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares CMBS ETF by 40.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock worth $345,000 after buying an additional 2,025 shares during the last quarter.

iShares CMBS ETF Stock Performance

NYSEARCA:CMBS traded down $0.04 during trading hours on Monday, hitting $47.67. The company’s stock had a trading volume of 152,005 shares, compared to its average volume of 43,566. iShares CMBS ETF has a 52-week low of $47.51 and a 52-week high of $49.89. The stock has a fifty day moving average of $48.29 and a 200-day moving average of $48.61.

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.