Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Up 114.8% in June

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 29,945 shares, a growth of 114.8% from the May 31st total of 13,938 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 175,595 shares, the days-to-cover ratio is presently 0.2 days.

Simplify MBS ETF Stock Performance

Simplify MBS ETF stock opened at $49.01 on Thursday. Simplify MBS ETF has a 1 year low of $48.67 and a 1 year high of $50.88. The company’s 50-day moving average is $49.23 and its two-hundred day moving average is $49.88.

Institutional Investors Weigh In On Simplify MBS ETF

A number of institutional investors and hedge funds have recently modified their holdings of MTBA. Edge Wealth Management LLC grew its holdings in Simplify MBS ETF by 211.3% during the 4th quarter. Edge Wealth Management LLC now owns 1,000,038 shares of the company’s stock worth $50,412,000 after acquiring an additional 678,832 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Simplify MBS ETF by 40.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 173,482 shares of the company’s stock valued at $8,735,000 after purchasing an additional 49,765 shares during the period. L2 Asset Management LLC lifted its stake in shares of Simplify MBS ETF by 23.4% in the 3rd quarter. L2 Asset Management LLC now owns 265,442 shares of the company’s stock valued at $13,365,000 after purchasing an additional 50,392 shares during the period. Triad Investment Management bought a new position in shares of Simplify MBS ETF in the 4th quarter worth $2,612,000. Finally, Crumly & Associates Inc. bought a new position in shares of Simplify MBS ETF in the 4th quarter worth $1,086,000.

Simplify MBS ETF Company Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.