Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 3,710,000 shares, a drop of 9.1% from the November 15th total of 4,080,000 shares. Currently, 3.8% of the shares of the stock are sold short. Based on an average daily volume of 1,120,000 shares, the short-interest ratio is currently 3.3 days.

Institutional Trading of Anywhere Real Estate

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Cubist Systematic Strategies LLC boosted its position in Anywhere Real Estate by 441.2% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 899,722 shares of the company’s stock valued at $2,978,000 after buying an additional 733,462 shares during the last quarter. Whitebox Advisors LLC lifted its stake in shares of Anywhere Real Estate by 165.7% during the third quarter. Whitebox Advisors LLC now owns 398,489 shares of the company’s stock valued at $2,024,000 after acquiring an additional 248,489 shares during the period. GSA Capital Partners LLP boosted its holdings in Anywhere Real Estate by 5,035.3% in the third quarter. GSA Capital Partners LLP now owns 629,485 shares of the company’s stock valued at $3,198,000 after acquiring an additional 617,227 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Anywhere Real Estate in the second quarter worth about $604,000. Finally, Marshall Wace LLP bought a new stake in Anywhere Real Estate during the 2nd quarter worth about $1,366,000. Institutional investors and hedge funds own 97.56% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Barclays lifted their target price on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the company an “underweight” rating in a research note on Wednesday.

Anywhere Real Estate Stock Down 4.5 %

Shares of NYSE:HOUS traded down $0.20 during midday trading on Friday, reaching $4.25. The company’s stock had a trading volume of 676,665 shares, compared to its average volume of 716,958. The business’s fifty day simple moving average is $4.37 and its 200-day simple moving average is $4.37. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.36. Anywhere Real Estate has a fifty-two week low of $3.01 and a fifty-two week high of $8.40.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the company earned $0.15 EPS. The firm’s revenue was down 3.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Anywhere Real Estate will post -0.7 EPS for the current fiscal year.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.