Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) Sees Large Increase in Short Interest

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 44,300 shares, a growth of 376.3% from the August 15th total of 9,300 shares. Based on an average trading volume of 176,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 176,400 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Angel Oak Mortgage-Backed Securities ETF

A number of large investors have recently bought and sold shares of the business. CW Advisors LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 2.9% in the second quarter. CW Advisors LLC now owns 6,786,466 shares of the company’s stock worth $58,601,000 after buying an additional 193,917 shares in the last quarter. Gradient Investments LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 5.8% in the second quarter. Gradient Investments LLC now owns 4,658,960 shares of the company’s stock worth $40,230,000 after buying an additional 254,437 shares in the last quarter. NewEdge Wealth LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 3.6% in the first quarter. NewEdge Wealth LLC now owns 2,133,721 shares of the company’s stock worth $18,521,000 after buying an additional 74,214 shares in the last quarter. LPL Financial LLC raised its stake in Angel Oak Mortgage-Backed Securities ETF by 17.4% in the first quarter. LPL Financial LLC now owns 1,069,192 shares of the company’s stock worth $9,281,000 after buying an additional 158,850 shares in the last quarter. Finally, Altfest L J & Co. Inc. raised its stake in Angel Oak Mortgage-Backed Securities ETF by 52.3% in the first quarter. Altfest L J & Co. Inc. now owns 873,379 shares of the company’s stock worth $7,581,000 after buying an additional 300,088 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:MBS opened at $8.75 on Friday. Angel Oak Mortgage-Backed Securities ETF has a 52 week low of $8.36 and a 52 week high of $9.07. The firm has a 50 day moving average of $8.64 and a 200 day moving average of $8.62.

Angel Oak Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, September 2nd. Investors of record on Friday, August 29th were paid a $0.033 dividend. The ex-dividend date of this dividend was Friday, August 29th.

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.