Hoya Capital Housing ETF (NYSEARCA:HOMZ) Sees Large Drop in Short Interest

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 232 shares, a drop of 95.2% from the June 30th total of 4,827 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,693 shares, the days-to-cover ratio is presently 0.1 days.

Hoya Capital Housing ETF Stock Performance

Shares of HOMZ stock traded up $0.83 during mid-day trading on Friday, reaching $46.11. 1,280 shares of the company’s stock traded hands, compared to its average volume of 3,025. Hoya Capital Housing ETF has a 12 month low of $41.16 and a 12 month high of $50.01. The firm has a 50 day moving average price of $45.30 and a two-hundred day moving average price of $45.55. The firm has a market capitalization of $35.50 million, a PE ratio of 14.42 and a beta of 1.10.

Hedge Funds Weigh In On Hoya Capital Housing ETF

A hedge fund recently raised its stake in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC raised its stake in shares of Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 48,297 shares of the company’s stock after purchasing an additional 407 shares during the period. Hoya Capital Housing ETF accounts for about 35.4% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its biggest holding. Hoya Capital Real Estate LLC owned approximately 6.27% of Hoya Capital Housing ETF worth $2,191,000 as of its most recent filing with the SEC.

Hoya Capital Housing ETF Company Profile

The Hoya Capital Housing ETF (HOMZ) is an exchange-traded fund that is based on the Hoya Capital Housing 100 index. The fund tracks a tier-weighted index of 100 equities representing the US residential housing industry. HOMZ was launched on Mar 20, 2019 and is managed by Hoya.