CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Short Interest Down 50.2% in June

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 11,840 shares, a decrease of 50.2% from the May 31st total of 23,757 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 11,350 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OWNS. JPMorgan Chase & Co. purchased a new position in shares of CCM Affordable Housing MBS ETF in the 2nd quarter valued at $63,000. Flagship Harbor Advisors LLC purchased a new position in CCM Affordable Housing MBS ETF in the fourth quarter valued at about $100,000. Integrated Wealth Concepts LLC purchased a new position in CCM Affordable Housing MBS ETF in the first quarter valued at about $243,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of CCM Affordable Housing MBS ETF during the second quarter valued at about $381,000.

CCM Affordable Housing MBS ETF Stock Performance

NYSEARCA OWNS traded down $0.18 on Tuesday, reaching $17.32. The company had a trading volume of 221 shares, compared to its average volume of 20,759. CCM Affordable Housing MBS ETF has a 12 month low of $16.94 and a 12 month high of $18.04. The firm’s 50 day moving average price is $17.36 and its 200 day moving average price is $17.49.

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.