Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 16.2% in January

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 43,616 shares, a drop of 16.2% from the January 15th total of 52,028 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 106,300 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 106,300 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MBS. Osaic Holdings Inc. grew its holdings in Angel Oak Mortgage-Backed Securities ETF by 0.8% in the 4th quarter. Osaic Holdings Inc. now owns 7,006,460 shares of the company’s stock worth $61,271,000 after acquiring an additional 52,792 shares during the last quarter. MML Investors Services LLC boosted its holdings 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 worth $2,695,000 after purchasing an additional 280,162 shares during the period. LPL Financial LLC grew its stake in shares of Angel Oak Mortgage-Backed Securities ETF by 54.6% in the fourth quarter. LPL Financial LLC now owns 132,385 shares of the company’s stock worth $1,158,000 after purchasing an additional 46,734 shares during the last quarter. Weaver Consulting Group purchased a new position in Angel Oak Mortgage-Backed Securities ETF during the 4th quarter valued at about $271,000. Finally, NewEdge Wealth LLC raised its position in Angel Oak Mortgage-Backed Securities ETF by 1.5% during the 4th quarter. NewEdge Wealth LLC now owns 2,403,115 shares of the company’s stock valued at $21,015,000 after purchasing an additional 35,512 shares during the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

NASDAQ:MBS remained flat at $8.84 during trading hours on Tuesday. 76,550 shares of the company were exchanged, compared to its average volume of 111,615. The firm’s 50-day moving average price is $8.77 and its 200-day moving average price is $8.75. Angel Oak Mortgage-Backed Securities ETF has a one year low of $8.46 and a one year high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 2nd. Stockholders of record on Friday, January 30th were paid a dividend of $0.0334 per share. The ex-dividend date of this dividend was Friday, January 30th.

About Angel Oak Mortgage-Backed Securities ETF

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.