CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Short Interest Up 48.5% in August

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 42,383 shares, a growth of 48.5% from the July 30th total of 28,539 shares. Based on an average daily volume of 10,398 shares, the short-interest ratio is currently 4.1 days. Approximately 0.7% of the shares of the stock are sold short.

CCM Affordable Housing MBS ETF Stock Performance

OWNS stock traded down $0.04 during midday trading on Tuesday, hitting $17.05. 1,322 shares of the stock were exchanged, compared to its average volume of 18,456. The stock’s 50-day moving average price is $17.17 and its 200-day moving average price is $17.35. CCM Affordable Housing MBS ETF has a fifty-two week low of $16.88 and a fifty-two week high of $18.04.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. purchased a new stake in shares of CCM Affordable Housing MBS ETF in the 2nd quarter worth about $63,000. Integrated Wealth Concepts LLC acquired a new stake in CCM Affordable Housing MBS ETF in the 1st quarter valued at about $243,000. Finally, Flow Traders U.S. LLC purchased a new position in CCM Affordable Housing MBS ETF during the 2nd quarter valued at about $381,000.

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.