Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Sees Significant Increase in Short Interest

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 5,300 shares, a growth of 15.2% from the December 15th total of 4,600 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 1.2 days.

Bluerock Homes Trust Price Performance

NYSEAMERICAN:BHM traded down $0.10 on Friday, hitting $12.40. 9,406 shares of the company’s stock traded hands, compared to its average volume of 6,207. The stock has a market cap of $49.10 million, a PE ratio of 14.17 and a beta of 0.73. Bluerock Homes Trust has a 1 year low of $12.01 and a 1 year high of $19.01.

Bluerock Homes Trust Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Friday, January 24th will be given a dividend of $0.125 per share. The ex-dividend date is Friday, January 24th.

Institutional Investors Weigh In On Bluerock Homes Trust

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. increased its position in Bluerock Homes Trust by 210.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock worth $90,000 after purchasing an additional 4,087 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Bluerock Homes Trust in the third quarter worth approximately $3,380,000. Geode Capital Management LLC increased its holdings in Bluerock Homes Trust by 4.5% in the third 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. Finally, Arkadios Wealth Advisors raised its position in Bluerock Homes Trust by 21.4% during the third quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock valued at $805,000 after acquiring an additional 9,502 shares in the last quarter. Hedge funds and other institutional investors own 56.06% of the company’s stock.

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.