iShares MBS ETF (NASDAQ:MBB) Short Interest Down 16.1% in February

iShares MBS ETF (NASDAQ:MBB) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,350,000 shares, a decline of 16.1% from the February 13th total of 1,610,000 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 2,859,500 shares, the short-interest ratio is presently 0.5 days.

iShares MBS ETF Price Performance

NASDAQ MBB opened at $93.14 on Tuesday. iShares MBS ETF has a 52-week low of $89.16 and a 52-week high of $96.76. The business’s 50-day moving average price is $92.33 and its 200 day moving average price is $93.24.

iShares MBS ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.3204 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On iShares MBS ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MBB. Hobbs Group Advisors LLC grew its holdings in shares of iShares MBS ETF by 115.5% during the third quarter. Hobbs Group Advisors LLC now owns 278 shares of the company’s stock worth $27,000 after buying an additional 149 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of iShares MBS ETF during the fourth quarter worth about $36,000. Key Financial Inc grew its holdings in shares of iShares MBS ETF by 4,220.0% during the fourth quarter. Key Financial Inc now owns 432 shares of the company’s stock worth $40,000 after buying an additional 422 shares during the last quarter. Activest Wealth Management purchased a new position in shares of iShares MBS ETF during the fourth quarter worth about $58,000. Finally, CENTRAL TRUST Co grew its holdings in shares of iShares MBS ETF by 41.4% during the fourth quarter. CENTRAL TRUST Co now owns 645 shares of the company’s stock worth $59,000 after buying an additional 189 shares during the last quarter. Hedge funds and other institutional investors own 91.70% of the company’s stock.

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).