iShares CMBS ETF (NYSEARCA:CMBS) Short Interest Update

iShares CMBS ETF (NYSEARCA:CMBS) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 13,151 shares, an increase of 268.9% from the August 31st total of 3,565 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 41,527 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Investors Weigh In On iShares CMBS ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Syon Capital LLC increased its holdings in shares of iShares CMBS ETF by 8.9% in the fourth quarter. Syon Capital LLC now owns 633,847 shares of the company’s stock valued at $31,109,000 after buying an additional 51,917 shares in the last quarter. Prudential PLC acquired a new position in shares of iShares CMBS ETF in the 4th quarter worth $9,541,000. Cetera Investment Advisers grew its holdings in shares of iShares CMBS ETF by 15.5% in the 1st quarter. Cetera Investment Advisers now owns 153,411 shares of the company’s stock worth $7,476,000 after acquiring an additional 20,631 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of iShares CMBS ETF by 1.4% during the second quarter. Envestnet Asset Management Inc. now owns 48,362 shares of the company’s stock worth $2,353,000 after purchasing an additional 678 shares during the period. Finally, Hyundai Investments Co. Ltd. raised its position in shares of iShares CMBS ETF by 77.9% during the second quarter. Hyundai Investments Co. Ltd. now owns 15,694 shares of the company’s stock worth $765,000 after purchasing an additional 6,870 shares during the period.

iShares CMBS ETF Stock Performance

Shares of CMBS stock opened at $47.24 on Monday. iShares CMBS ETF has a 1 year low of $47.22 and a 1 year high of $49.89. The business’s fifty day moving average is $48.11 and its 200-day moving average is $48.47.

About iShares CMBS ETF

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.