Simplify MBS ETF (NYSEARCA:MTBA) Short Interest Update

Simplify MBS ETF (NYSEARCA:MTBA) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 17,483 shares, a decrease of 50.0% from the August 31st total of 34,933 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 499,080 shares, the short-interest ratio is presently 0.0 days.

Simplify MBS ETF Price Performance

Simplify MBS ETF stock remained flat at $46.76 during trading hours on Wednesday. 1,426,449 shares of the company’s stock were exchanged, compared to its average volume of 235,975. Simplify MBS ETF has a 1-year low of $46.53 and a 1-year high of $50.80. The company’s 50 day simple moving average is $48.27 and its two-hundred day simple moving average is $48.95.

Institutional Trading of Simplify MBS ETF

Several large investors have recently modified their holdings of the business. MML Investors Services LLC lifted its holdings in Simplify MBS ETF by 7.1% in the 4th quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after buying an additional 116,584 shares during the period. Convergence Financial LLC grew its position in shares of Simplify MBS ETF by 19.5% in the 4th quarter. Convergence Financial LLC now owns 392,856 shares of the company’s stock worth $19,804,000 after buying an additional 64,038 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Simplify MBS ETF during the first quarter valued at approximately $2,570,000. Watchman Group Inc. increased its stake in shares of Simplify MBS ETF by 5.6% during the first quarter. Watchman Group Inc. now owns 877,875 shares of the company’s stock valued at $43,420,000 after buying an additional 46,655 shares during the period. Finally, Seneca House Advisors raised its holdings in shares of Simplify MBS ETF by 73.5% during the fourth quarter. Seneca House Advisors now owns 101,312 shares of the company’s stock valued at $5,107,000 after acquiring an additional 42,906 shares in the last quarter.

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.