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

Hoya Capital Housing ETF (NYSEARCA:HOMZ) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 771 shares, a growth of 532.0% from the May 14th total of 122 shares. Based on an average daily trading volume, of 2,693 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Hoya Capital Housing ETF Stock Performance

Shares of NYSEARCA HOMZ traded up $0.28 during midday trading on Friday, hitting $45.46. The company’s stock had a trading volume of 5,536 shares, compared to its average volume of 2,532. Hoya Capital Housing ETF has a 1-year low of $41.16 and a 1-year high of $50.01. The firm’s fifty day moving average price is $43.90 and its 200-day moving average price is $45.51. The firm has a market cap of $35.00 million, a P/E ratio of 14.42 and a beta of 1.12.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Hoya Capital Housing ETF stock. Hoya Capital Real Estate LLC raised its stake in Hoya Capital Housing ETF (NYSEARCA:HOMZ) by 0.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 48,297 shares of the company’s stock after buying an additional 407 shares during the quarter. Hoya Capital Housing ETF makes up about 35.4% of Hoya Capital Real Estate LLC’s investment portfolio, making the stock its largest holding. Hoya Capital Real Estate LLC owned about 6.27% of Hoya Capital Housing ETF worth $2,191,000 at the end of the most recent reporting period.

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.