Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Short Interest Update

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBSGet Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 544,830 shares, an increase of 178.4% from the November 30th total of 195,700 shares. Based on an average daily volume of 403,076 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are sold short. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 403,076 shares, the days-to-cover ratio is presently 1.4 days.

Schwab Mortgage-Backed Securities ETF Price Performance

NYSEARCA SMBS opened at $25.74 on Friday. The company has a fifty day simple moving average of $25.76 and a 200 day simple moving average of $25.54. Schwab Mortgage-Backed Securities ETF has a 1 year low of $24.57 and a 1 year high of $26.22.

Institutional Investors Weigh In On Schwab Mortgage-Backed Securities ETF

Hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new position in shares of Schwab Mortgage-Backed Securities ETF in the third quarter worth about $31,000. CacheTech Inc. grew its holdings in Schwab Mortgage-Backed Securities ETF by 7.6% in the 3rd quarter. CacheTech Inc. now owns 379,625 shares of the company’s stock valued at $9,760,000 after buying an additional 26,827 shares during the last quarter. Susquehanna International Group LLP increased its position in Schwab Mortgage-Backed Securities ETF by 83.3% in the 3rd quarter. Susquehanna International Group LLP now owns 18,919 shares of the company’s stock worth $486,000 after buying an additional 8,596 shares during the period. Mariner LLC bought a new position in Schwab Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $445,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Schwab Mortgage-Backed Securities ETF during the third quarter worth approximately $606,000.

Schwab Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.

Further Reading

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