Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Up 44.0% in March

Anywhere Real Estate Inc. (NYSE:HOUS) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,680,000 shares, a growth of 44.0% from the February 28th total of 3,250,000 shares. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 4.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Quarry LP bought a new position in Anywhere Real Estate in the 3rd quarter valued at about $26,000. Mraz Amerine & Associates Inc. purchased a new stake in shares of Anywhere Real Estate in the fourth quarter valued at about $33,000. Townsquare Capital LLC bought a new position in shares of Anywhere Real Estate during the third quarter valued at about $52,000. RPO LLC purchased a new position in Anywhere Real Estate during the fourth quarter worth about $43,000. Finally, AXQ Capital LP bought a new stake in Anywhere Real Estate in the 4th quarter worth about $49,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Anywhere Real Estate Stock Up 0.5 %

NYSE HOUS traded up $0.02 on Tuesday, hitting $3.35. 746,800 shares of the company were exchanged, compared to its average volume of 1,343,418. The company has a current ratio of 0.33, a quick ratio of 0.36 and a debt-to-equity ratio of 1.38. The company has a market cap of $373.95 million, a PE ratio of -2.88 and a beta of 2.46. The stock has a fifty day moving average of $3.63 and a 200-day moving average of $4.05. Anywhere Real Estate has a 12 month low of $2.71 and a 12 month high of $6.19.

Anywhere Real Estate (NYSE:HOUS) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.36) by ($0.09). The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.28 billion. Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. As a group, analysts forecast that Anywhere Real Estate will post 0.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Barclays dropped their price target on Anywhere Real Estate from $4.00 to $3.00 and set an “underweight” rating on the stock in a research note on Thursday, January 16th.

Anywhere Real Estate Company Profile

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.