CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Short Interest Up 162.3% in June

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 31,055 shares, a growth of 162.3% from the June 15th total of 11,840 shares. Based on an average daily volume of 18,651 shares, the short-interest ratio is currently 1.7 days. Currently, 0.5% of the shares of the company are short sold.

CCM Affordable Housing MBS ETF Stock Performance

NYSEARCA:OWNS opened at $17.08 on Tuesday. The stock’s 50 day moving average price is $17.32 and its 200 day moving average price is $17.46. CCM Affordable Housing MBS ETF has a 52-week low of $16.94 and a 52-week high of $18.04.

Hedge Funds Weigh In On CCM Affordable Housing MBS ETF

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. purchased a new stake in CCM Affordable Housing MBS ETF in the 2nd quarter valued at $63,000. Flagship Harbor Advisors LLC purchased a new position in CCM Affordable Housing MBS ETF during the 4th quarter worth $100,000. Integrated Wealth Concepts LLC purchased a new position in CCM Affordable Housing MBS ETF during the 1st quarter worth $243,000. Finally, Flow Traders U.S. LLC acquired a new position in CCM Affordable Housing MBS ETF in the second quarter valued at $381,000.

CCM Affordable Housing MBS ETF Company Profile

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.