Comstock Holding Companies, Inc. (NASDAQ:CHCI) Short Interest Update

Comstock Holding Companies, Inc. (NASDAQ:CHCI) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 10,100 shares, a growth of 34.7% from the January 31st total of 7,500 shares. Based on an average daily trading volume, of 15,500 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s stock are sold short.

Comstock Holding Companies Price Performance

NASDAQ CHCI opened at $6.40 on Tuesday. The company has a market capitalization of $63.29 million, a PE ratio of 10.85 and a beta of 0.66. Comstock Holding Companies has a 1 year low of $4.60 and a 1 year high of $14.48. The company has a fifty day moving average of $8.01 and a two-hundred day moving average of $8.75.

Institutional Investors Weigh In On Comstock Holding Companies

Several large investors have recently modified their holdings of the company. Barclays PLC purchased a new stake in Comstock Holding Companies in the 4th quarter valued at $40,000. Dimensional Fund Advisors LP lifted its position in Comstock Holding Companies by 5.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company’s stock worth $272,000 after acquiring an additional 1,888 shares during the period. Renaissance Technologies LLC lifted its position in Comstock Holding Companies by 1.4% during the 4th quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company’s stock worth $1,224,000 after acquiring an additional 2,100 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Comstock Holding Companies by 2.6% in the third quarter. Geode Capital Management LLC now owns 170,117 shares of the construction company’s stock valued at $1,700,000 after purchasing an additional 4,371 shares during the period. 6.45% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Comstock Holding Companies in a report on Wednesday, February 26th. They set a “hold” rating for the company.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.