Short Interest in CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Drops By 69.8%

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 7,089 shares, a decrease of 69.8% from the February 12th total of 23,503 shares. Based on an average trading volume of 16,336 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 16,336 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On CCM Affordable Housing MBS ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new position in shares of CCM Affordable Housing MBS ETF in the second quarter worth approximately $381,000. Integrated Wealth Concepts LLC increased its position in shares of CCM Affordable Housing MBS ETF by 16.0% during the third quarter. Integrated Wealth Concepts LLC now owns 21,256 shares of the company’s stock worth $370,000 after buying an additional 2,936 shares during the period. Flagship Harbor Advisors LLC acquired a new position in shares of CCM Affordable Housing MBS ETF during the fourth quarter valued at about $100,000. Finally, JPMorgan Chase & Co. bought a new position in shares of CCM Affordable Housing MBS ETF during the 2nd quarter worth about $63,000.

CCM Affordable Housing MBS ETF Price Performance

NYSEARCA OWNS traded down $0.08 on Wednesday, reaching $17.56. The company had a trading volume of 2,271 shares, compared to its average volume of 34,013. The company’s fifty day moving average is $17.61 and its 200-day moving average is $17.57. CCM Affordable Housing MBS ETF has a 1-year low of $16.74 and a 1-year high of $18.04.

CCM Affordable Housing MBS ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Wednesday, December 31st were issued a $0.204 dividend. The ex-dividend date was Wednesday, December 31st. This is a positive change from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.19. This represents a $0.82 dividend on an annualized basis and a yield of 4.6%.

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.