Short Interest in CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Drops By 36.4%

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) saw a large decline in short interest in August. As of August 31st, there was short interest totaling 26,962 shares, a decline of 36.4% from the August 15th total of 42,383 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 11,682 shares, the short-interest ratio is presently 2.3 days.

CCM Affordable Housing MBS ETF Price Performance

Shares of OWNS traded down $0.06 on Friday, hitting $16.82. 4,240 shares of the stock traded hands, compared to its average volume of 17,822. CCM Affordable Housing MBS ETF has a one year low of $16.73 and a one year high of $18.04. The business has a 50 day simple moving average of $17.07 and a 200 day simple moving average of $17.28.

CCM Affordable Housing MBS ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a $0.1647 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.66 annualized dividend and a dividend yield of 3.9%.

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.