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

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,387 shares, a growth of 79.9% from the May 31st total of 771 shares. Based on an average daily volume of 2,876 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC boosted its position in Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 48,297 shares of the company’s stock after acquiring an additional 407 shares during the quarter. Hoya Capital Housing ETF accounts for 35.4% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its biggest position. Hoya Capital Real Estate LLC owned 6.27% of Hoya Capital Housing ETF worth $2,191,000 at the end of the most recent reporting period.

Hoya Capital Housing ETF Stock Up 0.3%

NYSEARCA:HOMZ opened at $47.82 on Friday. The company has a market cap of $36.82 million, a P/E ratio of 14.42 and a beta of 1.10. The firm’s 50 day moving average is $44.64 and its two-hundred day moving average is $45.49. Hoya Capital Housing ETF has a fifty-two week low of $41.16 and a fifty-two week high of $50.01.

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.