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

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) saw a significant 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. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 11,682 shares, the short-interest ratio is presently 2.3 days.

CCM Affordable Housing MBS ETF Trading Up 0.6%

CCM Affordable Housing MBS ETF stock traded up $0.10 during midday trading on Thursday, hitting $16.88. The stock had a trading volume of 4,240 shares, compared to its average volume of 17,822. CCM Affordable Housing MBS ETF has a 52-week low of $16.73 and a 52-week high of $18.04. The firm’s fifty day moving average is $17.08 and its two-hundred day moving average is $17.29.

CCM Affordable Housing MBS ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a $0.1647 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.66 annualized dividend and a 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.