Simplify MBS ETF (NYSEARCA:MTBA – Get Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 65,111 shares, an increase of 114.4% from the July 15th total of 30,364 shares. Based on an average daily trading volume, of 128,006 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s stock are short sold.
Simplify MBS ETF Price Performance
Shares of NYSEARCA MTBA traded down $0.09 during mid-day trading on Friday, hitting $48.73. The company had a trading volume of 89,889 shares, compared to its average volume of 195,704. The firm has a 50-day simple moving average of $48.92 and a two-hundred day simple moving average of $49.50. Simplify MBS ETF has a one year low of $48.37 and a one year high of $50.88.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC acquired a new position in shares of Simplify MBS ETF during the 4th quarter worth approximately $71,000. Raymond James Financial Inc. bought a new position in shares of Simplify MBS ETF in the second quarter valued at $111,000. Harbour Investments Inc. grew its stake in shares of Simplify MBS ETF by 105.3% in the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock valued at $130,000 after buying an additional 1,323 shares in the last quarter. Strive Financial Group LLC acquired a new position in Simplify MBS ETF during the fourth quarter worth $140,000. Finally, Arax Advisory Partners acquired a new position in Simplify MBS ETF during the fourth quarter worth $154,000.
Simplify MBS ETF Company Profile
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.
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