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

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 10,546 shares, a decline of 39.5% from the September 15th total of 17,433 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 19,404 shares, the days-to-cover ratio is presently 0.5 days.

CCM Affordable Housing MBS ETF Stock Performance

NYSEARCA OWNS opened at $16.58 on Friday. CCM Affordable Housing MBS ETF has a 1 year low of $16.21 and a 1 year high of $18.04. The company has a fifty day moving average price of $16.82 and a 200-day moving average price of $17.13.

CCM Affordable Housing MBS ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were given a dividend of $0.1663 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is an increase from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.1647. This represents a $0.67 dividend on an annualized basis and a dividend yield of 4.0%.

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.