Short Interest in Hoya Capital Housing ETF (NYSEARCA:HOMZ) Drops By 23.4%

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 1,061 shares, a decrease of 23.4% from the January 15th total of 1,385 shares. Based on an average daily volume of 5,857 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 5,857 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Hoya Capital Housing ETF

A hedge fund recently raised its stake in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC increased its holdings in Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,297 shares of the company’s stock after purchasing an additional 407 shares during the period. Hoya Capital Housing ETF makes up 35.4% of Hoya Capital Real Estate LLC’s portfolio, making the stock its biggest position. Hoya Capital Real Estate LLC owned about 6.27% of Hoya Capital Housing ETF worth $2,191,000 as of its most recent SEC filing.

Hoya Capital Housing ETF Stock Performance

Shares of HOMZ traded up $0.67 during trading hours on Friday, reaching $49.48. 1,137 shares of the company traded hands, compared to its average volume of 3,715. The stock’s fifty day moving average is $47.20 and its 200 day moving average is $46.62. The stock has a market cap of $38.10 million, a P/E ratio of 14.42 and a beta of 1.16. Hoya Capital Housing ETF has a 1-year low of $39.28 and a 1-year high of $50.01.

Hoya Capital Housing ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 22nd. Shareholders of record on Wednesday, January 21st were issued a $0.0975 dividend. This is a positive change from Hoya Capital Housing ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) annualized dividend and a yield of 2.4%.

About Hoya Capital Housing ETF

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.