CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Sees Large Increase in Short Interest

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 21,243 shares, a growth of 31.7% from the December 15th total of 16,133 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 11,175 shares, the days-to-cover ratio is presently 1.9 days. Based on an average trading volume of 11,175 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of CCM Affordable Housing MBS ETF

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new position in shares of CCM Affordable Housing MBS ETF during the 2nd quarter valued at about $63,000. Integrated Wealth Concepts LLC acquired a new position in CCM Affordable Housing MBS ETF during the first quarter valued at approximately $243,000. Finally, Flow Traders U.S. LLC acquired a new position in CCM Affordable Housing MBS ETF during the second quarter valued at approximately $381,000.

CCM Affordable Housing MBS ETF Stock Performance

Shares of OWNS traded down $0.02 during mid-day trading on Monday, hitting $17.55. 7,140 shares of the company’s stock were exchanged, compared to its average volume of 13,485. The firm has a fifty day moving average of $17.58 and a two-hundred day moving average of $17.43. CCM Affordable Housing MBS ETF has a twelve month low of $16.74 and a twelve month high of $18.04.

CCM Affordable Housing MBS ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 2nd. Shareholders of record on Wednesday, December 31st were given a dividend of $0.204 per share. The ex-dividend date of this dividend 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 annualized dividend 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.