Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Down 24.0% in February

Greystone Housing Impact Investors LP (NYSE:GHI) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 62,100 shares, a decrease of 24.0% from the January 31st total of 81,700 shares. Based on an average daily trading volume, of 92,500 shares, the short-interest ratio is currently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

Greystone Housing Impact Investors Stock Performance

Shares of GHI stock opened at $12.40 on Tuesday. The company has a market capitalization of $287.32 million, a P/E ratio of 16.10 and a beta of 0.73. Greystone Housing Impact Investors has a 52 week low of $10.12 and a 52 week high of $16.89. The company has a debt-to-equity ratio of 3.36, a quick ratio of 10.78 and a current ratio of 10.78. The company’s 50 day moving average price is $11.87 and its two-hundred day moving average price is $12.41.

Greystone Housing Impact Investors (NYSE:GHI) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.28 by $0.06. The business had revenue of $22.59 million for the quarter, compared to analysts’ expectations of $26.02 million. Greystone Housing Impact Investors had a net margin of 22.35% and a return on equity of 5.76%. On average, analysts expect that Greystone Housing Impact Investors will post 1.9 earnings per share for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 11.94%. Greystone Housing Impact Investors’s payout ratio is presently 192.21%.

Wall Street Analyst Weigh In

Separately, JMP Securities reduced their target price on Greystone Housing Impact Investors from $19.00 to $17.50 and set a “market outperform” rating on the stock in a report on Thursday, November 7th.

Institutional Investors Weigh In On Greystone Housing Impact Investors

Several institutional investors have recently bought and sold shares of GHI. Raymond James Financial Inc. bought a new position in shares of Greystone Housing Impact Investors during the 4th quarter worth approximately $3,240,000. EverSource Wealth Advisors LLC boosted its holdings in Greystone Housing Impact Investors by 15.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock worth $77,000 after purchasing an additional 1,000 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Greystone Housing Impact Investors by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock valued at $137,000 after purchasing an additional 1,527 shares in the last quarter. Virtu Financial LLC acquired a new stake in Greystone Housing Impact Investors in the 4th quarter valued at $164,000. Finally, Samalin Investment Counsel LLC increased its stake in Greystone Housing Impact Investors by 40.7% in the 4th quarter. Samalin Investment Counsel LLC now owns 61,826 shares of the company’s stock valued at $634,000 after buying an additional 17,881 shares during the last quarter. Institutional investors own 9.01% of the company’s stock.

Greystone Housing Impact Investors Company Profile

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.