Hoya Capital Housing ETF (NYSEARCA:HOMZ) Sees Significant Growth in Short Interest

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 205 shares, a growth of 583.3% from the April 15th total of 30 shares. Based on an average daily volume of 1,544 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC raised its holdings in shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 2.8% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,890 shares of the company’s stock after acquiring an additional 1,287 shares during the quarter. Hoya Capital Housing ETF makes up 37.5% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its biggest holding. Hoya Capital Real Estate LLC owned about 6.22% of Hoya Capital Housing ETF worth $2,253,000 as of its most recent SEC filing.

Hoya Capital Housing ETF Stock Performance

Shares of NYSEARCA:HOMZ traded down $0.36 on Tuesday, hitting $43.44. 1,002 shares of the company’s stock were exchanged, compared to its average volume of 2,431. The firm’s 50-day moving average is $43.98 and its 200 day moving average is $45.71. The company has a market capitalization of $33.45 million, a PE ratio of 14.42 and a beta of 1.14. Hoya Capital Housing ETF has a 1-year low of $41.16 and a 1-year high of $50.01.

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.