CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) Short Interest Down 50.2% in June

CCM Affordable Housing MBS ETF (NYSEARCA:OWNS) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 11,840 shares, a decrease of 50.2% from the May 31st total of 23,757 shares. Based on an average daily volume of 11,350 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

CCM Affordable Housing MBS ETF Stock Down 1.0%

NYSEARCA:OWNS traded down $0.18 during trading hours on Tuesday, hitting $17.32. 221 shares of the company were exchanged, compared to its average volume of 20,759. The company has a fifty day simple moving average of $17.36 and a 200 day simple moving average of $17.49. CCM Affordable Housing MBS ETF has a one year low of $16.94 and a one year high of $18.04.

Hedge Funds Weigh In On CCM Affordable Housing MBS ETF

A number of institutional investors have recently bought and sold shares of OWNS. Integrated Wealth Concepts LLC increased its holdings in shares of CCM Affordable Housing MBS ETF by 16.0% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 21,256 shares of the company’s stock worth $370,000 after purchasing an additional 2,936 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of CCM Affordable Housing MBS ETF during the second quarter valued at $63,000. Flagship Harbor Advisors LLC bought a new stake in CCM Affordable Housing MBS ETF in the 4th quarter worth about $100,000. Finally, Flow Traders U.S. LLC purchased a new position in CCM Affordable Housing MBS ETF in the 2nd quarter worth about $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.