Simplify MBS ETF (NYSEARCA:MTBA) Sees Large Increase in Short Interest

Simplify MBS ETF (NYSEARCA:MTBA) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 154,332 shares, an increase of 137.0% from the July 30th total of 65,111 shares. Based on an average trading volume of 133,423 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MTBA. NewEdge Advisors LLC grew its stake in shares of Simplify MBS ETF by 37.6% during the 1st quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock worth $1,095,000 after acquiring an additional 5,970 shares during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Simplify MBS ETF in the first quarter worth about $518,000. JPMorgan Chase & Co. boosted its position in shares of Simplify MBS ETF by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after acquiring an additional 5,582 shares during the period. Raymond James Financial Inc. bought a new position in shares of Simplify MBS ETF in the second quarter valued at approximately $111,000. Finally, Jane Street Group LLC grew its stake in Simplify MBS ETF by 638.9% during the second quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock valued at $3,984,000 after acquiring an additional 68,776 shares in the last quarter.

Simplify MBS ETF Stock Performance

MTBA stock traded down $0.17 during midday trading on Friday, reaching $48.41. 173,790 shares of the company’s stock traded hands, compared to its average volume of 194,111. Simplify MBS ETF has a 52 week low of $48.37 and a 52 week high of $50.88. The firm’s fifty day moving average price is $48.84 and its 200-day moving average price is $49.38.

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.