Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Significant Growth in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 23,500 shares, an increase of 612.1% from the September 15th total of 3,300 shares. Based on an average daily volume of 181,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 181,400 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Angel Oak Mortgage-Backed Securities ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Farther Finance Advisors LLC acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 2nd quarter valued at $35,000. Compound Planning Inc. acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 1st quarter valued at $377,000. Benjamin Edwards Inc. acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 1st quarter valued at $485,000. Embree Financial Group acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 3rd quarter valued at $657,000. Finally, RFG Advisory LLC increased its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 42.8% in the 2nd quarter. RFG Advisory LLC now owns 104,175 shares of the company’s stock valued at $900,000 after buying an additional 31,216 shares during the period.

Angel Oak Mortgage-Backed Securities ETF Trading Up 0.2%

Shares of MBS opened at $8.81 on Friday. The stock has a fifty day moving average price of $8.71 and a two-hundred day moving average price of $8.63. Angel Oak Mortgage-Backed Securities ETF has a 52-week low of $8.36 and a 52-week high of $9.07.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, October 1st. Stockholders of record on Tuesday, September 30th were paid a $0.0456 dividend. This is an increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Tuesday, September 30th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

The Angel Oak Mortgage-Backed Securities ETF (MBS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seekingtotal returns through investments in various US mortgage-backed securities (MBS) of any credit quality and maturity. MBS was launched on Feb 20, 2024 and is issued by Angel Oak.