Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Down 11.5% in January

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 8,500 shares, a decline of 11.5% from the January 15th total of 9,600 shares. Based on an average trading volume of 5,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Bluerock Homes Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its position in shares of Bluerock Homes Trust by 4.5% during the 3rd quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock valued at $569,000 after acquiring an additional 1,629 shares during the last quarter. Sunbelt Securities Inc. boosted its holdings 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 purchasing an additional 4,087 shares during the last quarter. Northern Trust Corp grew its stake in shares of Bluerock Homes Trust by 38.2% in the 4th quarter. Northern Trust Corp now owns 23,185 shares of the company’s stock valued at $308,000 after buying an additional 6,414 shares during the period. Arkadios Wealth Advisors increased its holdings in shares of Bluerock Homes Trust by 21.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock worth $805,000 after buying an additional 9,502 shares during the last quarter. Finally, Navis Wealth Advisors LLC purchased a new stake in shares of Bluerock Homes Trust during the 4th quarter valued at approximately $148,000. Hedge funds and other institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Stock Up 1.1 %

BHM traded up $0.13 during midday trading on Monday, hitting $11.57. 7,162 shares of the company traded hands, compared to its average volume of 5,047. The company has a market cap of $45.82 million, a price-to-earnings ratio of -11.81 and a beta of 0.70. Bluerock Homes Trust has a 52-week low of $10.71 and a 52-week high of $19.01.

Bluerock Homes Trust Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Friday, January 24th were paid a dividend of $0.125 per share. The ex-dividend date was Friday, January 24th.

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.