Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Down 11.5% in January

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 8,500 shares, a drop of 11.5% from the January 15th total of 9,600 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.3% of the company’s shares are short sold.

Bluerock Homes Trust Trading Down 0.3 %

Shares of BHM traded down $0.03 during trading hours on Tuesday, reaching $11.54. 2,686 shares of the company traded hands, compared to its average volume of 4,776. The firm has a market capitalization of $45.70 million, a P/E ratio of -11.78 and a beta of 0.70. Bluerock Homes Trust has a 12-month low of $10.71 and a 12-month high of $19.01.

Bluerock Homes Trust Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 24th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, January 24th.

Hedge Funds Weigh In On Bluerock Homes Trust

A number of hedge funds have recently added to or reduced their stakes in BHM. Geode Capital Management LLC boosted its holdings in shares of Bluerock Homes Trust by 4.5% in the third quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock valued at $569,000 after purchasing an additional 1,629 shares during the period. Sunbelt Securities Inc. raised its position in Bluerock Homes Trust by 210.5% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock valued at $90,000 after purchasing an additional 4,087 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Bluerock Homes Trust by 38.2% in the 4th quarter. Northern Trust Corp now owns 23,185 shares of the company’s stock worth $308,000 after buying an additional 6,414 shares during the period. Arkadios Wealth Advisors grew 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 worth $805,000 after buying an additional 9,502 shares in the last quarter. Finally, Navis Wealth Advisors LLC purchased a new position in shares of Bluerock Homes Trust during the fourth quarter valued at $148,000. 56.06% of the stock is currently owned by institutional investors.

Bluerock Homes Trust Company Profile

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.