Comstock Holding Companies, Inc. (NASDAQ:CHCI) Short Interest Up 15.3% in December

Posted by Irma Garcia on Dec 30th, 2024

Comstock Holding Companies, Inc. (NASDAQ:CHCI – Get Free Report) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 12,800 shares, a growth of 15.3% from the November 30th total of 11,100 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average trading volume of 30,700 shares, the days-to-cover ratio is currently 0.4 days.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Comstock Holding Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, December 10th.

Check Out Our Latest Stock Report on Comstock Holding Companies

Hedge Funds Weigh In On Comstock Holding Companies

A hedge fund recently raised its stake in Comstock Holding Companies stock. Geode Capital Management LLC grew its stake in shares of Comstock Holding Companies, Inc. (NASDAQ:CHCI – Free Report) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 170,117 shares of the construction company’s stock after acquiring an additional 4,371 shares during the period. Geode Capital Management LLC owned 1.73% of Comstock Holding Companies worth $1,700,000 at the end of the most recent quarter. 6.45% of the stock is owned by institutional investors and hedge funds.

Comstock Holding Companies Stock Performance

CHCI traded up $0.21 during trading on Monday, reaching $8.03. 24,813 shares of the stock were exchanged, compared to its average volume of 20,013. The stock has a market cap of $79.41 million, a P/E ratio of 13.61 and a beta of 0.64. The stock’s 50 day moving average price is $9.21 and its two-hundred day moving average price is $8.24. Comstock Holding Companies has a twelve month low of $4.47 and a twelve month high of $14.48.

Comstock Holding Companies Company Profile

(Get Free Report)

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.