Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Sees Large Decrease in Short Interest

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 13,800 shares, a drop of 10.4% from the August 15th total of 15,400 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is currently 3.8 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Trading of Bluerock Homes Trust

A number of large investors have recently modified their holdings of the stock. Arkadios Wealth Advisors raised its holdings in Bluerock Homes Trust by 6.2% in the second quarter. Arkadios Wealth Advisors now owns 44,360 shares of the company’s stock valued at $776,000 after acquiring an additional 2,576 shares in the last quarter. Navis Wealth Advisors LLC purchased a new stake in shares of Bluerock Homes Trust during the 1st quarter worth $213,000. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of Bluerock Homes Trust by 77.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock worth $1,671,000 after purchasing an additional 41,821 shares in the last quarter. Hedge funds and other institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Stock Performance

Shares of BHM stock traded down $0.33 during trading on Tuesday, reaching $14.00. The company’s stock had a trading volume of 11,907 shares, compared to its average volume of 4,922. Bluerock Homes Trust has a 1-year low of $12.05 and a 1-year high of $19.01. The stock has a market capitalization of $55.30 million, a P/E ratio of -12.25 and a beta of 0.76.

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.