Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Down 23.7% in March

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large decline in short interest in March. As of March 31st, there was short interest totaling 44,867 shares, a decline of 23.7% from the March 15th total of 58,772 shares. Based on an average daily trading volume, of 220,923 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Simplify MBS ETF

Hedge funds have recently bought and sold shares of the business. Edge Wealth Management LLC raised its holdings in Simplify MBS ETF by 211.3% during the fourth quarter. Edge Wealth Management LLC now owns 1,000,038 shares of the company’s stock worth $50,412,000 after buying an additional 678,832 shares during the last quarter. CreativeOne Wealth LLC grew its holdings in shares of Simplify MBS ETF by 1,841.0% during the third quarter. CreativeOne Wealth LLC now owns 613,270 shares of the company’s stock valued at $30,878,000 after buying an additional 581,675 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Simplify MBS ETF by 7.2% during the third quarter. Envestnet Asset Management Inc. now owns 2,117,637 shares of the company’s stock worth $106,623,000 after acquiring an additional 141,545 shares in the last quarter. MML Investors Services LLC increased its position in shares of Simplify MBS ETF by 7.1% during the fourth quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after acquiring an additional 116,584 shares in the last quarter. Finally, WealthPlan Investment Management LLC acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth about $5,869,000.

Simplify MBS ETF Stock Up 0.2%

MTBA stock opened at $49.88 on Wednesday. The stock’s 50 day simple moving average is $50.06 and its 200 day simple moving average is $50.33. Simplify MBS ETF has a fifty-two week low of $48.90 and a fifty-two week high of $50.88.

Simplify MBS ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend was Tuesday, February 24th.

About Simplify MBS ETF

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.