Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Down 14.4% in October

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 9,500 shares, a drop of 14.4% from the September 30th total of 11,100 shares. Based on an average daily trading volume, of 3,400 shares, the days-to-cover ratio is currently 2.8 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of Bluerock Homes Trust

A number of large investors have recently bought and sold shares of the company. Arkadios Wealth Advisors increased its position in Bluerock Homes Trust by 6.2% in the second quarter. Arkadios Wealth Advisors now owns 44,360 shares of the company’s stock worth $776,000 after buying an additional 2,576 shares during the last quarter. International Assets Investment Management LLC purchased a new position in shares of Bluerock Homes Trust in the third quarter valued at $3,380,000. Finally, Cambridge Investment Research Advisors Inc. grew its position in shares of Bluerock Homes Trust by 77.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock valued at $1,671,000 after purchasing an additional 41,821 shares in the last quarter. 56.06% of the stock is owned by hedge funds and other institutional investors.

Bluerock Homes Trust Price Performance

NYSEAMERICAN:BHM traded up $0.04 during trading hours on Thursday, reaching $14.54. The stock had a trading volume of 1,024 shares, compared to its average volume of 4,656. Bluerock Homes Trust has a 12-month low of $13.10 and a 12-month high of $19.01. The company has a market capitalization of $57.43 million, a P/E ratio of -9.67 and a beta of 0.76.

About Bluerock Homes Trust

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.