Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Update

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 8,500 shares, a drop of 11.5% from the January 15th total of 9,600 shares. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.3% of the shares of the company are sold short.

Bluerock Homes Trust Price Performance

NYSEAMERICAN:BHM traded up $0.13 during midday trading on Monday, reaching $11.57. The stock had a trading volume of 7,162 shares, compared to its average volume of 5,047. The firm has a market cap of $45.82 million, a price-to-earnings ratio of -11.81 and a beta of 0.70. Bluerock Homes Trust has a 12-month low of $10.71 and a 12-month high of $19.01.

Bluerock Homes Trust Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Friday, January 24th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, January 24th.

Institutional Trading of Bluerock Homes Trust

A number of institutional investors have recently modified their holdings of BHM. Sunbelt Securities Inc. increased its holdings in shares of Bluerock Homes Trust by 210.5% in the 3rd quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock valued at $90,000 after purchasing an additional 4,087 shares in the last quarter. Navis Wealth Advisors LLC acquired a new stake in shares of Bluerock Homes Trust in the 4th quarter worth approximately $148,000. Northern Trust Corp boosted its position in Bluerock Homes Trust by 38.2% during the fourth quarter. Northern Trust Corp now owns 23,185 shares of the company’s stock worth $308,000 after purchasing an additional 6,414 shares in the last quarter. Geode Capital Management LLC grew 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 valued at $569,000 after purchasing an additional 1,629 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its position in shares of Bluerock Homes Trust by 21.4% in the third quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock valued at $805,000 after buying an additional 9,502 shares in the last quarter. 56.06% of the stock is currently owned by hedge funds and other institutional investors.

Bluerock Homes Trust Company Profile

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.