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

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHMGet Free Report) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 8,500 shares, a decline of 11.5% from the January 15th total of 9,600 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 1.7 days.

Hedge Funds Weigh In On Bluerock Homes Trust

A number of institutional investors have recently bought and sold shares of BHM. Northern Trust Corp increased its holdings in shares of Bluerock Homes Trust by 38.2% during the 4th quarter. Northern Trust Corp now owns 23,185 shares of the company’s stock worth $308,000 after acquiring an additional 6,414 shares during the last quarter. Navis Wealth Advisors LLC bought a new position in Bluerock Homes Trust during the fourth quarter worth $148,000. Arkadios Wealth Advisors increased its holdings in shares of Bluerock Homes Trust by 23.1% in the fourth quarter. Arkadios Wealth Advisors now owns 66,282 shares of the company’s stock valued at $880,000 after purchasing an additional 12,420 shares during the last quarter. Sunbelt Securities Inc. raised its position 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 valued at $90,000 after purchasing an additional 4,087 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Bluerock Homes Trust by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock worth $569,000 after buying an additional 1,629 shares during the last quarter. Institutional investors and hedge funds own 56.06% of the company’s stock.

Bluerock Homes Trust Trading Up 1.1 %

BHM traded up $0.13 during trading on Monday, reaching $11.57. 7,162 shares of the stock were exchanged, compared to its average volume of 5,047. The company has a market cap of $45.82 million, a price-to-earnings ratio of -11.81 and a beta of 0.70. Bluerock Homes Trust has a twelve month low of $10.71 and a twelve month high of $19.01.

Bluerock Homes Trust Cuts Dividend

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

Bluerock Homes Trust Company Profile

(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.

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