Short Interest in Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) Rises By 178.4%

Schwab Mortgage-Backed Securities ETF (NYSEARCA:SMBS) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 544,830 shares, a growth of 178.4% from the November 30th total of 195,700 shares. Based on an average trading volume of 403,076 shares, the short-interest ratio is currently 1.4 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 403,076 shares, the short-interest ratio is currently 1.4 days.

Schwab Mortgage-Backed Securities ETF Stock Performance

SMBS remained flat at $25.74 during trading hours on Friday. The company had a trading volume of 421,211 shares, compared to its average volume of 1,055,454. Schwab Mortgage-Backed Securities ETF has a 12-month low of $24.57 and a 12-month high of $26.22. The business has a fifty day moving average of $25.76 and a 200-day moving average of $25.53.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SMBS. Triumph Capital Management purchased a new stake in Schwab Mortgage-Backed Securities ETF during the third quarter worth approximately $31,000. CacheTech Inc. increased its stake in Schwab Mortgage-Backed Securities ETF by 7.6% in the third quarter. CacheTech Inc. now owns 379,625 shares of the company’s stock valued at $9,760,000 after purchasing an additional 26,827 shares during the last quarter. Susquehanna International Group LLP raised its holdings in Schwab Mortgage-Backed Securities ETF by 83.3% during the third quarter. Susquehanna International Group LLP now owns 18,919 shares of the company’s stock worth $486,000 after purchasing an additional 8,596 shares in the last quarter. Mariner LLC purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $445,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in shares of Schwab Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $606,000.

About Schwab Mortgage-Backed Securities ETF

The Schwab Mortgage-Backed Securities ETF (SMBS) is an exchange-traded fund that is based on the Bloomberg US MBS – Float Adjusted index. The fund tracks a market value-weighted index of investment grade US mortgage-backed securities. SMBS was launched on Nov 19, 2024 and is issued by Charles Schwab.