CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Sees Large Drop in Short Interest

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 16,755 shares, a decrease of 21.1% from the December 31st total of 21,243 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 14,164 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 14,164 shares, the short-interest ratio is currently 1.2 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of CCM Affordable Housing MBS ETF

A number of hedge funds have recently added to or reduced their stakes in OWNS. JPMorgan Chase & Co. purchased a new stake in shares of CCM Affordable Housing MBS ETF during the second quarter worth $63,000. Flagship Harbor Advisors LLC acquired a new position in CCM Affordable Housing MBS ETF during the fourth quarter worth about $100,000. Integrated Wealth Concepts LLC purchased a new stake in CCM Affordable Housing MBS ETF during the 1st quarter valued at about $243,000. Finally, Flow Traders U.S. LLC acquired a new stake in CCM Affordable Housing MBS ETF in the 2nd quarter valued at about $381,000.

CCM Affordable Housing MBS ETF Stock Down 0.1%

Shares of OWNS stock traded down $0.01 during trading hours on Tuesday, hitting $17.53. The company’s stock had a trading volume of 34,019 shares, compared to its average volume of 14,264. CCM Affordable Housing MBS ETF has a 12-month low of $16.74 and a 12-month high of $18.04. The company has a 50 day moving average of $17.58 and a 200 day moving average of $17.47.

CCM Affordable Housing MBS ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were given a $0.204 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $0.82 annualized dividend and a yield of 4.7%. This is a boost from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.19.

About CCM Affordable Housing MBS ETF

The Impact Shares Affordable Housing MBS ETF (OWNS) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to generate current income from an actively managed portfolio of investment grade, fixed income securities backed by mortgage loans made to low- and moderate-income borrowers and minorities. OWNS was launched on Jul 26, 2021 and is managed by Impact Shares.