iShares CMBS ETF (NYSEARCA:CMBS) Stock Short Interest Climbs 472.3%

iShares CMBS ETF (NYSEARCA:CMBS) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 24,431 shares, a growth of 472.3% from the September 30th total of 4,269 shares. Based on an average daily volume of 69,401 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rogco LP bought a new position in shares of iShares CMBS ETF in the second quarter valued at about $43,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of iShares CMBS ETF by 3.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 6,485 shares of the company’s stock worth $315,000 after buying an additional 214 shares during the period. IFP Advisors Inc grew its stake in iShares CMBS ETF by 42.3% in the 2nd quarter. IFP Advisors Inc now owns 7,869 shares of the company’s stock valued at $383,000 after buying an additional 2,341 shares during the last quarter. Columbus Macro LLC grew its stake in iShares CMBS ETF by 4.4% in the 3rd quarter. Columbus Macro LLC now owns 9,209 shares of the company’s stock valued at $435,000 after buying an additional 390 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in iShares CMBS ETF by 82.4% in the 1st quarter. Bank of New York Mellon Corp now owns 10,746 shares of the company’s stock valued at $524,000 after buying an additional 4,856 shares during the last quarter.

iShares CMBS ETF Trading Up 0.1%

iShares CMBS ETF stock traded up $0.03 during midday trading on Thursday, reaching $47.58. 10,772 shares of the company’s stock were exchanged, compared to its average volume of 48,555. The stock’s 50-day simple moving average is $47.72 and its 200 day simple moving average is $48.52. iShares CMBS ETF has a 52 week low of $47.09 and a 52 week high of $49.89.

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.