Short Interest in Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Declines By 64.5%

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBSGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 29,303 shares, a decrease of 64.5% from the April 30th total of 82,579 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 58,060 shares, the days-to-cover ratio is presently 0.5 days.

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

A number of institutional investors have recently added to or reduced their stakes in MBS. Royal Bank of Canada bought a new position in Angel Oak Mortgage-Backed Securities ETF during the first quarter valued at about $51,000. Quantinno Capital Management LP acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the first quarter worth $105,000. First Financial Bankshares Inc acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter worth about $152,000. Envestnet Asset Management Inc. bought a new position in Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter valued at about $197,000. Finally, Weaver Consulting Group bought a new position in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter valued at about $271,000.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Angel Oak Mortgage-Backed Securities ETF stock traded down $0.03 during mid-day trading on Friday, reaching $8.62. The company had a trading volume of 133,680 shares, compared to its average volume of 108,605. The company has a 50 day moving average of $8.69 and a 200-day moving average of $8.75. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.49 and a 52 week high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 29th will be paid a $0.0359 dividend. The ex-dividend date is Friday, May 29th.

Angel Oak Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

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.

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