Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 8,400 shares, a decline of 11.6% from the October 15th total of 9,500 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 2.5 days.
Institutional Trading of Bluerock Homes Trust
Several institutional investors and hedge funds have recently added to or reduced their stakes in BHM. Sunbelt Securities Inc. boosted its stake in Bluerock Homes Trust by 210.5% in the third quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock worth $90,000 after buying an additional 4,087 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Bluerock Homes Trust during the third quarter valued at $3,380,000. Geode Capital Management LLC boosted its stake in Bluerock Homes Trust by 4.5% during the third quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock worth $569,000 after buying an additional 1,629 shares during the period. Arkadios Wealth Advisors lifted its stake in Bluerock Homes Trust by 6.2% in the second quarter. Arkadios Wealth Advisors now owns 44,360 shares of the company’s stock worth $776,000 after acquiring an additional 2,576 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Bluerock Homes Trust by 77.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock valued at $1,671,000 after buying an additional 41,821 shares during the period. 56.06% of the stock is owned by institutional investors.
Bluerock Homes Trust Price Performance
NYSEAMERICAN BHM traded up $0.60 during midday trading on Monday, hitting $14.65. The company had a trading volume of 4,042 shares, compared to its average volume of 4,544. Bluerock Homes Trust has a fifty-two week low of $13.25 and a fifty-two week high of $19.01. The firm has a market capitalization of $57.87 million, a price-to-earnings ratio of -14.95 and a beta of 0.75.
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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