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

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

CCM Affordable Housing MBS ETF Price Performance

Shares of OWNS stock remained flat at $16.58 during trading hours on Friday. 10,793 shares of the company were exchanged, compared to its average volume of 17,826. CCM Affordable Housing MBS ETF has a 1-year low of $16.21 and a 1-year high of $18.04. The company’s fifty day simple moving average is $16.83 and its 200-day simple moving average is $17.14.

CCM Affordable Housing MBS ETF Increases Dividend

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

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.