Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large growth in short interest in 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. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 175,595 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Simplify MBS ETF

A number of large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in shares of Simplify MBS ETF by 37.6% in the 1st quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock valued at $1,095,000 after buying an additional 5,970 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Simplify MBS ETF during the 1st quarter worth approximately $518,000. JPMorgan Chase & Co. lifted its position in Simplify MBS ETF by 4.7% during the second quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after acquiring an additional 5,582 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Simplify MBS ETF during the second quarter valued at approximately $111,000. Finally, Jane Street Group LLC boosted its stake in Simplify MBS ETF by 638.9% in the second quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after acquiring an additional 68,776 shares in the last quarter.

Simplify MBS ETF Trading Down 0.1%

Shares of MTBA traded down $0.06 during trading hours on Wednesday, hitting $49.01. The company had a trading volume of 131,235 shares, compared to its average volume of 212,962. Simplify MBS ETF has a one year low of $48.67 and a one year high of $50.88. The company’s fifty day moving average price is $49.25 and its two-hundred day moving average price is $49.89.

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.