Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Update

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHMGet Free Report) was the recipient of a significant growth in short interest during the month of 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 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 Price Performance

Bluerock Homes Trust stock traded down $0.10 during mid-day trading on Friday, hitting $12.40. 9,406 shares of the company’s stock were exchanged, compared to its average volume of 6,207. Bluerock Homes Trust has a 1-year low of $12.01 and a 1-year high of $19.01. The company has a market capitalization of $49.10 million, a price-to-earnings ratio of -12.65 and a beta of 0.73.

Bluerock Homes Trust Cuts Dividend

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

Institutional Investors Weigh In On Bluerock Homes Trust

Several hedge funds and other institutional investors have recently made changes to their positions in BHM. Sunbelt Securities Inc. grew its stake 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 worth $90,000 after acquiring an additional 4,087 shares during the last quarter. Geode Capital Management LLC grew its position in Bluerock Homes Trust by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock worth $569,000 after purchasing an additional 1,629 shares during the last quarter. Arkadios Wealth Advisors increased its holdings 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 worth $805,000 after purchasing an additional 9,502 shares during the period. Finally, International Assets Investment Management LLC bought a new position in shares of Bluerock Homes Trust during the 3rd quarter worth about $3,380,000. 56.06% of the stock is owned by institutional investors and hedge funds.

About Bluerock Homes Trust

(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.

Featured Articles

Receive News & Ratings for Bluerock Homes Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bluerock Homes Trust and related companies with MarketBeat.com's FREE daily email newsletter.