Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Short Interest Down 47.6% in June

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 32,775 shares, a drop of 47.6% from the June 15th total of 62,561 shares. Based on an average daily volume of 57,203 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short.

Angel Oak Mortgage-Backed Securities ETF Price Performance

MBS remained flat at $8.60 on Wednesday. The company’s stock had a trading volume of 11,182 shares, compared to its average volume of 93,415. The company has a 50-day simple moving average of $8.63 and a two-hundred day simple moving average of $8.71. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.52 and a 52 week high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were paid a dividend of $0.0398 per share. This is a boost from Angel Oak Mortgage-Backed Securities ETF’s previous dividend of $0.04. The ex-dividend date was Tuesday, June 30th.

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

Several institutional investors have recently bought and sold shares of MBS. Royal Bank of Canada acquired a new stake in shares of Angel Oak Mortgage-Backed Securities ETF in the 1st quarter worth $51,000. Quantinno Capital Management LP acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 1st quarter valued at about $105,000. Envestnet Asset Management Inc. acquired a new position in Angel Oak Mortgage-Backed Securities ETF during the 3rd quarter valued at about $197,000. Weaver Consulting Group purchased a new stake in Angel Oak Mortgage-Backed Securities ETF in the fourth quarter valued at about $271,000. Finally, Benjamin Edwards Inc. raised its stake in Angel Oak Mortgage-Backed Securities ETF by 12.8% in the second quarter. Benjamin Edwards Inc. now owns 63,102 shares of the company’s stock valued at $545,000 after buying an additional 7,177 shares during the last quarter.

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.