Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 29,945 shares, a growth of 114.8% from the May 31st total of 13,938 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 175,595 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Steinberganna Wealth Management grew its stake in Simplify MBS ETF by 1.8% during the 4th quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock worth $635,000 after buying an additional 221 shares during the last quarter. Founders Financial Securities LLC raised its stake in Simplify MBS ETF by 4.5% in the first quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock valued at $284,000 after buying an additional 246 shares during the last quarter. Longview Financial Advisors Inc. boosted its holdings in Simplify MBS ETF by 1.1% in the first quarter. Longview Financial Advisors Inc. now owns 24,323 shares of the company’s stock worth $1,203,000 after acquiring an additional 260 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Simplify MBS ETF by 1.9% in the second quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock worth $907,000 after acquiring an additional 343 shares in the last quarter. Finally, Cambridge Advisors Inc. grew its stake in shares of Simplify MBS ETF by 1.9% during the first quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock worth $965,000 after acquiring an additional 363 shares during the last quarter.

Simplify MBS ETF Price Performance

MTBA stock opened at $49.24 on Tuesday. The firm has a 50-day simple moving average of $49.27 and a two-hundred day simple moving average of $49.90. Simplify MBS ETF has a one year low of $48.67 and a one year 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.