CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Stock Short Interest Falls 39.5%

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 10,546 shares, a drop of 39.5% from the September 15th total of 17,433 shares. Based on an average trading volume of 19,404 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

CCM Affordable Housing MBS ETF Price Performance

OWNS stock remained flat at $16.58 during midday trading on Friday. The company’s stock had a trading volume of 10,793 shares, compared to its average volume of 17,826. The stock’s fifty day moving average price is $16.83 and its 200 day moving average price is $17.14. CCM Affordable Housing MBS ETF has a 12 month low of $16.21 and a 12 month high of $18.04.

CCM Affordable Housing MBS ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Wednesday, September 30th were issued a $0.1663 dividend. This is a positive change from CCM Affordable Housing MBS ETF’s previous quarterly dividend of $0.1647. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.67 annualized dividend and a dividend yield of 4.0%.

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.