Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 8,400 shares, a decline of 11.6% from the October 15th total of 9,500 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is currently 2.5 days.
Institutional Investors Weigh In On Bluerock Homes Trust
Several hedge funds and other institutional investors have recently modified their holdings of BHM. Sunbelt Securities Inc. boosted its position in shares of Bluerock Homes Trust by 210.5% during 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 during the last quarter. Geode Capital Management LLC boosted its position in shares of Bluerock Homes Trust by 4.5% during the third quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock valued at $569,000 after buying an additional 1,629 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of Bluerock Homes Trust by 6.2% during the second quarter. Arkadios Wealth Advisors now owns 44,360 shares of the company’s stock valued at $776,000 after buying an additional 2,576 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position 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 valued at $1,671,000 after buying an additional 41,821 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Bluerock Homes Trust during the third quarter valued at approximately $3,380,000. Institutional investors own 56.06% of the company’s stock.
Bluerock Homes Trust Stock Up 4.3 %
Shares of NYSEAMERICAN BHM traded up $0.60 during midday trading on Monday, hitting $14.65. 4,042 shares of the stock traded hands, compared to its average volume of 4,544. The company has a market cap of $57.87 million, a price-to-earnings ratio of -14.95 and a beta of 0.75. Bluerock Homes Trust has a one year low of $13.25 and a one year high of $19.01.
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.
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