Short Interest in Hoya Capital Housing ETF (NYSEARCA:HOMZ) Grows By 101.3%

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,385 shares, a growth of 101.3% from the December 31st total of 688 shares. Based on an average daily volume of 3,355 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 3,355 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC raised its stake in shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 2.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,890 shares of the company’s stock after purchasing an additional 1,287 shares during the period. Hoya Capital Housing ETF accounts for approximately 37.5% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its biggest position. Hoya Capital Real Estate LLC owned approximately 6.22% of Hoya Capital Housing ETF worth $2,253,000 as of its most recent SEC filing.

Hoya Capital Housing ETF Price Performance

NYSEARCA:HOMZ traded down $0.65 on Friday, hitting $46.77. 1,793 shares of the company’s stock were exchanged, compared to its average volume of 4,555. The company has a market cap of $36.01 million, a P/E ratio of 14.42 and a beta of 1.16. Hoya Capital Housing ETF has a 52 week low of $39.28 and a 52 week high of $49.80. The firm has a 50-day moving average price of $46.78 and a 200-day moving average price of $46.35.

Hoya Capital Housing ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, January 22nd. Stockholders of record on Wednesday, January 21st were given a $0.0975 dividend. The ex-dividend date was Wednesday, January 21st. This is a positive change from Hoya Capital Housing ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%.

About Hoya Capital Housing ETF

The Hoya Capital Housing ETF (HOMZ) is an exchange-traded fund that is based on the Hoya Capital Housing 100 index. The fund tracks a tier-weighted index of 100 equities representing the US residential housing industry. HOMZ was launched on Mar 20, 2019 and is managed by Hoya.