Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Up 15.2% in December

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHMGet Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,300 shares, a growth of 15.2% from the December 15th total of 4,600 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company’s stock are sold short.

Bluerock Homes Trust Stock Down 0.8 %

BHM stock traded down $0.10 during midday trading on Friday, reaching $12.40. The company had a trading volume of 9,406 shares, compared to its average volume of 6,207. The company has a market cap of $49.10 million, a P/E ratio of 14.17 and a beta of 0.73. Bluerock Homes Trust has a fifty-two week low of $12.01 and a fifty-two week high of $19.01.

Bluerock Homes Trust Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 5th. Investors of record on Friday, January 24th will be given a $0.125 dividend. The ex-dividend date of this dividend is Friday, January 24th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of BHM. Geode Capital Management LLC raised its position in Bluerock Homes Trust by 4.5% in the third quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock worth $569,000 after acquiring an additional 1,629 shares in the last quarter. Sunbelt Securities Inc. increased its holdings in shares of Bluerock Homes Trust by 210.5% in the third quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock valued at $90,000 after buying an additional 4,087 shares in the last quarter. Arkadios Wealth Advisors lifted its position in shares of Bluerock Homes Trust by 21.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock valued at $805,000 after acquiring an additional 9,502 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Bluerock Homes Trust during the 3rd quarter worth $3,380,000. Institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Company Profile

(Get Free Report)

Bluerock Homes Trust, Inc (the Company) was incorporated in Maryland on December 16, 2021. The Company owns and operates high-quality single-family properties located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and Western United States.

Further Reading

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