Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Up 127.5% in July

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 32,300 shares, an increase of 127.5% from the June 30th total of 14,200 shares. Currently, 1.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,700 shares, the days-to-cover ratio is currently 8.7 days.

Bluerock Homes Trust Trading Up 1.6 %

Shares of BHM traded up $0.30 during midday trading on Friday, reaching $18.70. The stock had a trading volume of 1,717 shares, compared to its average volume of 3,914. The stock has a market capitalization of $74.05 million, a P/E ratio of -15.98 and a beta of 0.80. Bluerock Homes Trust has a 12-month low of $12.05 and a 12-month high of $19.01.

Institutional Investors Weigh In On Bluerock Homes Trust

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Navis Wealth Advisors LLC bought a new stake in shares of Bluerock Homes Trust in the 1st quarter worth approximately $213,000. International Assets Investment Management LLC purchased a new stake in Bluerock Homes Trust in the fourth quarter worth about $3,740,000. Arkadios Wealth Advisors bought a new stake in Bluerock Homes Trust during the 4th quarter valued at approximately $520,000. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in shares of Bluerock Homes Trust by 77.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock worth $1,671,000 after acquiring an additional 41,821 shares during the period. Institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc owns and operates single-family properties located in markets with a focus on the life regions of the Sunbelt and areas of the Western United States. As of December 31, 2023, it held eighteen real estate investments, consisting of eleven consolidated investments and seven preferred equity and loan investments.