iShares MBS ETF (NASDAQ:MBB) Short Interest Up 69.6% in August

iShares MBS ETF (NASDAQ:MBB) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 3,314,215 shares, a growth of 69.6% from the August 15th total of 1,954,158 shares. Based on an average trading volume of 3,758,222 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Montgomery Financial Services LLC purchased a new position in shares of iShares MBS ETF in the 2nd quarter worth $27,000. ESL Trust Services LLC purchased a new stake in iShares MBS ETF during the fourth quarter valued at $28,000. Brown Lisle Cummings Inc. bought a new position in iShares MBS ETF in the first quarter valued at about $28,000. Field & Main Bank bought a new position in iShares MBS ETF in the second quarter valued at about $30,000. Finally, First Community Trust NA purchased a new position in iShares MBS ETF in the first quarter worth about $32,000. 91.70% of the stock is currently owned by institutional investors.

iShares MBS ETF Stock Down 0.5%

MBB traded down $0.41 during trading on Friday, reaching $91.39. The stock had a trading volume of 2,401,364 shares, compared to its average volume of 2,501,009. The business has a 50-day moving average of $92.98 and a 200-day moving average of $94.06. iShares MBS ETF has a one year low of $91.02 and a one year high of $96.96.

iShares MBS ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a $0.3388 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 4.4%.

iShares MBS ETF Company Profile

iShares MBS ETF (the Fund), formerly iShares Barclays MBS Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results, which correspond to the price and yield performance of the Barclays Capital U.S. MBS Index (the Index). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage (GNMA). The Index measures the performance of investment grade mortgage-backed pass-through securities issued by the Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).