Short Interest in CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Increases By 57.1%

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 26,314 shares, an increase of 57.1% from the January 15th total of 16,755 shares. Based on an average trading volume of 12,009 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 12,009 shares, the days-to-cover ratio is presently 2.2 days.

CCM Affordable Housing MBS ETF Trading Up 0.3%

NYSEARCA:OWNS traded up $0.06 during mid-day trading on Monday, hitting $17.76. The stock had a trading volume of 11,103 shares, compared to its average volume of 13,480. CCM Affordable Housing MBS ETF has a 52 week low of $16.74 and a 52 week high of $18.04. The company has a 50 day simple moving average of $17.57 and a 200-day simple moving average of $17.51.

CCM Affordable Housing MBS ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Stockholders of record on Wednesday, December 31st were given a $0.204 dividend. 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 dividend yield of 4.6%. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Trading of CCM Affordable Housing MBS ETF

Several large investors have recently modified their holdings of OWNS. Flow Traders U.S. LLC bought a new position in CCM Affordable Housing MBS ETF in the 2nd quarter worth approximately $381,000. Integrated Wealth Concepts LLC increased its holdings in shares of CCM Affordable Housing MBS ETF by 16.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 21,256 shares of the company’s stock worth $370,000 after purchasing 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. acquired a new stake in CCM Affordable Housing MBS ETF during the second quarter worth about $63,000.

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.