Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 5,300 shares, a growth of 15.2% from the December 15th total of 4,600 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are short sold.
Hedge Funds Weigh In On Bluerock Homes Trust
A number of hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC boosted 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 worth $569,000 after purchasing an additional 1,629 shares during the period. Arkadios Wealth Advisors raised its holdings in shares of Bluerock Homes Trust by 21.4% during 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 during the last quarter. International Assets Investment Management LLC bought a new position in Bluerock Homes Trust in the 3rd quarter worth approximately $3,380,000. Finally, Sunbelt Securities Inc. increased its position in 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 acquiring an additional 4,087 shares during the period. 56.06% of the stock is currently owned by institutional investors and hedge funds.
Bluerock Homes Trust Price Performance
NYSEAMERICAN:BHM traded down $0.10 on Friday, reaching $12.40. The stock had a trading volume of 9,406 shares, compared to its average volume of 6,207. Bluerock Homes Trust has a 12-month low of $12.01 and a 12-month high of $19.01. The stock has a market cap of $49.10 million, a P/E ratio of -12.65 and a beta of 0.73.
Bluerock Homes Trust Cuts Dividend
About Bluerock Homes Trust
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.
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