Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Declines By 18.7%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 51,967 shares, a decline of 18.7% from the March 15th total of 63,920 shares. Based on an average daily trading volume, of 80,740 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Embree Financial Group increased its position in Angel Oak Mortgage-Backed Securities ETF by 103.2% in the fourth quarter. Embree Financial Group now owns 152,912 shares of the company’s stock worth $1,337,000 after purchasing an additional 77,642 shares during the period. Altfest L J & Co. Inc. increased its position in Angel Oak Mortgage-Backed Securities ETF by 84.8% in the third quarter. Altfest L J & Co. Inc. now owns 1,638,344 shares of the company’s stock worth $14,295,000 after purchasing an additional 751,674 shares during the period. NewEdge Wealth LLC increased its position in Angel Oak Mortgage-Backed Securities ETF by 5.4% in the third quarter. NewEdge Wealth LLC now owns 2,367,603 shares of the company’s stock worth $20,702,000 after purchasing an additional 121,085 shares during the period. RFG Advisory LLC increased its position in Angel Oak Mortgage-Backed Securities ETF by 9.4% in the fourth quarter. RFG Advisory LLC now owns 129,079 shares of the company’s stock worth $1,129,000 after purchasing an additional 11,142 shares during the period. Finally, Benjamin Edwards Inc. increased its position in Angel Oak Mortgage-Backed Securities ETF by 12.0% in the fourth quarter. Benjamin Edwards Inc. now owns 89,210 shares of the company’s stock worth $780,000 after purchasing an additional 9,568 shares during the period.

Angel Oak Mortgage-Backed Securities ETF Stock Performance

Shares of Angel Oak Mortgage-Backed Securities ETF stock traded down $0.01 during trading on Thursday, reaching $8.72. The company’s stock had a trading volume of 48,269 shares, compared to its average volume of 119,825. The stock has a 50-day moving average price of $8.77 and a two-hundred day moving average price of $8.77. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.47 and a one year high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, April 1st. Investors of record on Tuesday, March 31st were given a $0.0464 dividend. The ex-dividend date was Tuesday, March 31st. This is a positive change from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.03.

About Angel Oak Mortgage-Backed Securities ETF

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.