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

Angel Oak Mortgage-Backed Securities ETF (NASDAQ:MBS) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 63,920 shares, an increase of 50.4% from the February 26th total of 42,487 shares. Based on an average daily volume of 284,404 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of Angel Oak Mortgage-Backed Securities ETF

Large investors have recently modified their holdings of the company. Altfest L J & Co. Inc. increased its holdings in Angel Oak Mortgage-Backed Securities ETF by 84.8% during the 3rd quarter. Altfest L J & Co. Inc. now owns 1,638,344 shares of the company’s stock worth $14,295,000 after purchasing an additional 751,674 shares during the period. MML Investors Services LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 1,000.0% in the 4th quarter. MML Investors Services LLC now owns 308,179 shares of the company’s stock worth $2,695,000 after buying an additional 280,162 shares during the period. CW Advisors LLC lifted its holdings in shares of Angel Oak Mortgage-Backed Securities ETF by 2.9% in the 2nd 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 during the period. NewEdge Wealth LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. NewEdge Wealth LLC now owns 2,367,603 shares of the company’s stock worth $20,702,000 after buying an additional 121,085 shares in the last quarter. Finally, Jane Street Group LLC grew its position in shares of Angel Oak Mortgage-Backed Securities ETF by 127.1% during the 1st quarter. Jane Street Group LLC now owns 163,275 shares of the company’s stock worth $1,417,000 after buying an additional 91,395 shares in the last quarter.

Angel Oak Mortgage-Backed Securities ETF Price Performance

Shares of MBS opened at $8.69 on Monday. The firm has a fifty day moving average price of $8.79 and a 200-day moving average price of $8.78. Angel Oak Mortgage-Backed Securities ETF has a 12-month low of $8.46 and a 12-month high of $9.16.

Angel Oak Mortgage-Backed Securities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 27th were given a dividend of $0.0311 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.