Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 25,343 shares, a drop of 64.1% from the November 30th total of 70,587 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 166,808 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 166,808 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Simplify MBS ETF

Several hedge funds have recently bought and sold shares of MTBA. Bank of New York Mellon Corp purchased a new stake in Simplify MBS ETF during the second quarter worth $13,278,000. Narwhal Capital Management increased its position in shares of Simplify MBS ETF by 22.2% in the second quarter. Narwhal Capital Management now owns 71,250 shares of the company’s stock valued at $3,569,000 after buying an additional 12,928 shares in the last quarter. Sharp Financial Services LLC increased its position in shares of Simplify MBS ETF by 56.7% in the second quarter. Sharp Financial Services LLC now owns 7,050 shares of the company’s stock valued at $353,000 after buying an additional 2,550 shares in the last quarter. Priebe Wealth Holdings LLC raised its stake in shares of Simplify MBS ETF by 31.0% during the 2nd quarter. Priebe Wealth Holdings LLC now owns 123,100 shares of the company’s stock worth $6,166,000 after buying an additional 29,100 shares during the last quarter. Finally, Heck Capital Advisors LLC boosted its position in shares of Simplify MBS ETF by 3.0% in the 2nd quarter. Heck Capital Advisors LLC now owns 230,380 shares of the company’s stock worth $11,540,000 after buying an additional 6,620 shares in the last quarter.

Simplify MBS ETF Stock Up 0.0%

MTBA stock traded up $0.02 during trading on Friday, reaching $50.43. 104,197 shares of the company were exchanged, compared to its average volume of 220,872. The stock’s 50 day moving average price is $50.47 and its 200 day moving average price is $50.29. Simplify MBS ETF has a 52-week low of $49.10 and a 52-week high of $50.88.

About Simplify MBS ETF

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS. MTBA was launched on Nov 6, 2023 and is issued by Simplify.