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

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 16,831 shares, an increase of 45.7% from the November 30th total of 11,551 shares. Based on an average daily trading volume, of 4,545 shares, the short-interest ratio is currently 3.7 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,545 shares, the short-interest ratio is currently 3.7 days.

Institutional Trading of Bluerock Homes Trust

A hedge fund recently raised its stake in Bluerock Homes Trust stock. Quinn Opportunity Partners LLC raised its stake in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) by 0.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 228,282 shares of the company’s stock after purchasing an additional 1,211 shares during the quarter. Quinn Opportunity Partners LLC owned about 5.61% of Bluerock Homes Trust worth $2,858,000 at the end of the most recent quarter. 56.06% of the stock is currently owned by hedge funds and other institutional investors.

Bluerock Homes Trust Stock Down 2.4%

Bluerock Homes Trust stock traded down $0.29 during midday trading on Tuesday, reaching $11.60. 7,592 shares of the stock traded hands, compared to its average volume of 7,347. The stock’s fifty day moving average is $9.46 and its 200-day moving average is $11.53. The stock has a market cap of $47.10 million, a P/E ratio of -3.97 and a beta of 0.73. Bluerock Homes Trust has a 12 month low of $8.05 and a 12 month high of $14.81.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last issued its earnings results on Thursday, November 6th. The company reported ($0.94) earnings per share (EPS) for the quarter. The company had revenue of $16.61 million for the quarter. Bluerock Homes Trust had a negative net margin of 16.66% and a negative return on equity of 2.18%.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.