Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Update

Greystone Housing Impact Investors LP (NYSE:GHI) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 34,000 shares, a decline of 27.8% from the February 28th total of 47,100 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 74,300 shares, the days-to-cover ratio is presently 0.5 days.

Greystone Housing Impact Investors Trading Down 0.6 %

Shares of NYSE:GHI traded down $0.08 during trading hours on Tuesday, hitting $12.26. 46,093 shares of the company’s stock traded hands, compared to its average volume of 65,764. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78. The business has a fifty day moving average price of $12.55 and a 200-day moving average price of $12.26. Greystone Housing Impact Investors has a 1 year low of $10.12 and a 1 year high of $16.25. The firm has a market capitalization of $283.96 million, a P/E ratio of 15.92 and a beta of 0.69.

Greystone Housing Impact Investors (NYSE:GHI) last announced 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. Greystone Housing Impact Investors had a return on equity of 5.76% and a net margin of 22.35%. The company had revenue of $22.59 million for the quarter, compared to the consensus estimate of $26.02 million. Equities analysts expect that Greystone Housing Impact Investors will post 1.9 earnings per share for the current year.

Greystone Housing Impact Investors Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be given a $0.37 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.48 annualized dividend and a yield of 12.08%. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is 192.21%.

Hedge Funds Weigh In On Greystone Housing Impact Investors

A number of hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new stake in shares of Greystone Housing Impact Investors in the fourth quarter valued at approximately $3,240,000. Samalin Investment Counsel LLC raised its position in Greystone Housing Impact Investors by 40.7% during the 4th quarter. Samalin Investment Counsel LLC now owns 61,826 shares of the company’s stock valued at $634,000 after purchasing an additional 17,881 shares in the last quarter. Bullseye Investment Management LLC purchased a new stake in shares of Greystone Housing Impact Investors in the 4th quarter worth $628,000. Stifel Financial Corp grew its position in shares of Greystone Housing Impact Investors by 4.9% during the 4th quarter. Stifel Financial Corp now owns 51,017 shares of the company’s stock worth $523,000 after buying an additional 2,361 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Greystone Housing Impact Investors during the fourth quarter valued at $351,000. 9.01% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Raymond James restated an “outperform” rating and issued a $17.00 price target (down from $17.50) on shares of Greystone Housing Impact Investors in a research report on Tuesday, March 18th.

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.