iShares CMBS ETF (NYSEARCA:CMBS – Get Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 3,565 shares, a decrease of 69.8% from the August 15th total of 11,796 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 25,141 shares, the days-to-cover ratio is currently 0.1 days.
iShares CMBS ETF Price Performance
Shares of iShares CMBS ETF stock traded down $0.17 during trading on Friday, hitting $47.72. The stock had a trading volume of 45,221 shares, compared to its average volume of 43,097. iShares CMBS ETF has a 12 month low of $47.65 and a 12 month high of $49.89. The firm’s fifty day simple moving average is $48.29 and its 200-day simple moving average is $48.61.
Institutional Trading of iShares CMBS ETF
Several hedge funds and other institutional investors have recently bought and sold shares of CMBS. Jane Street Group LLC raised its stake in iShares CMBS ETF by 19.2% in the first quarter. Jane Street Group LLC now owns 35,391 shares of the company’s stock valued at $1,699,000 after buying an additional 5,692 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares CMBS ETF by 40.0% during the second quarter. JPMorgan Chase & Co. now owns 7,091 shares of the company’s stock valued at $345,000 after acquiring an additional 2,025 shares in the last quarter. First Trust Advisors LP boosted its stake in iShares CMBS ETF by 2.4% in the 2nd quarter. First Trust Advisors LP now owns 39,444 shares of the company’s stock worth $1,922,000 after purchasing an additional 917 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares CMBS ETF by 46.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 54,302 shares of the company’s stock worth $2,649,000 after purchasing an additional 17,257 shares in the last quarter. Finally, Visionary Wealth Advisors purchased a new stake in iShares CMBS ETF during the 2nd quarter worth approximately $345,000.
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.
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