Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Sees Significant Growth in Short Interest

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 13,000 shares, a growth of 14.0% from the May 31st total of 11,400 shares. Based on an average trading volume of 4,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.4% of the company’s shares are short sold.

Bluerock Homes Trust Price Performance

NYSEAMERICAN BHM opened at $17.25 on Wednesday. The company has a market cap of $68.31 million, a P/E ratio of -14.74 and a beta of 0.80. Bluerock Homes Trust has a one year low of $12.05 and a one year high of $18.71.

Hedge Funds Weigh In On Bluerock Homes Trust

A number of institutional investors have recently modified their holdings of the company. Arkadios Wealth Advisors increased its stake in Bluerock Homes Trust by 12.4% in the 1st quarter. Arkadios Wealth Advisors now owns 41,784 shares of the company’s stock valued at $709,000 after buying an additional 4,615 shares during the last quarter. Navis Wealth Advisors LLC bought a new position in shares of Bluerock Homes Trust in the first quarter valued at approximately $213,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Bluerock Homes Trust during the fourth quarter valued at approximately $3,740,000. 56.06% of the stock is owned by institutional investors and hedge funds.

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.