Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Stock Short Interest Report for October

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 21,376 shares, a decrease of 87.9% from the September 30th total of 176,610 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 118,528 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently modified their holdings of MBS. Royal Bank of Canada purchased a new stake in Angel Oak Mortgage-Backed Securities ETF in the 1st quarter worth approximately $51,000. RFG Advisory LLC lifted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 5.0% during the 1st quarter. RFG Advisory LLC now owns 135,472 shares of the company’s stock worth $1,173,000 after purchasing an additional 6,393 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 1.0% during the 1st quarter. NewEdge Advisors LLC now owns 776,865 shares of the company’s stock worth $6,728,000 after purchasing an additional 7,586 shares during the period. Quantinno Capital Management LP acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the first quarter worth $105,000. Finally, Onyx Bridge Wealth Group LLC acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF during the third quarter worth $590,000.

Angel Oak Mortgage-Backed Securities ETF Trading Up 0.1%

Shares of MBS stock traded up $0.01 during mid-day trading on Tuesday, reaching $8.31. The stock had a trading volume of 74,022 shares, compared to its average volume of 126,174. Angel Oak Mortgage-Backed Securities ETF has a 12-month low of $8.13 and a 12-month high of $9.16. The business has a 50-day simple moving average of $8.36 and a 200 day simple moving average of $8.61.

Angel Oak Mortgage-Backed Securities ETF’s stock is scheduled to reverse split on the morning of Monday, November 16th. The 1-7 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, November 15th.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 1st. Shareholders of record on Wednesday, September 30th were given a dividend of $0.0382 per share. The ex-dividend date was Wednesday, September 30th. This is an increase from Angel Oak Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0341. This represents a $0.46 dividend on an annualized basis and a yield of 5.5%.

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.