Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Significant Increase in Short Interest
by Amy Steele · The Cerbat GemAngel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS – Get Free Report) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 65,437 shares, an increase of 25.9% from the March 31st total of 51,967 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average daily volume of 85,327 shares, the short-interest ratio is presently 0.8 days.
Angel Oak Mortgage-Backed Securities ETF Stock Up 0.1%
NASDAQ MBS traded up $0.01 during trading on Friday, hitting $8.68. The stock had a trading volume of 49,398 shares, compared to its average volume of 119,478. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.47 and a one year high of $9.16. The stock has a 50 day simple moving average of $8.76 and a 200 day simple moving average of $8.77.
Angel Oak Mortgage-Backed Securities ETF Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 1st. Shareholders of record on Thursday, April 30th will be paid a $0.048 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This is an increase from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.05.
Institutional Trading of Angel Oak Mortgage-Backed Securities ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 0.8% during the fourth quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock valued at $61,271,000 after acquiring an additional 52,792 shares in the last quarter. NewEdge Wealth LLC raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 1.5% during the fourth quarter. NewEdge Wealth LLC now owns 2,403,115 shares of the company’s stock valued at $21,015,000 after acquiring an additional 35,512 shares in the last quarter. Altfest L J & Co. Inc. raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 3.0% during the fourth quarter. Altfest L J & Co. Inc. now owns 1,688,014 shares of the company’s stock valued at $14,762,000 after acquiring an additional 49,670 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 1,000.0% during the fourth quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock valued at $2,695,000 after acquiring an additional 280,162 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% during the first quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock valued at $1,417,000 after acquiring an additional 91,395 shares in the last quarter.
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.