Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS) saw a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 3,710,000 shares, a drop of 9.1% from the November 15th total of 4,080,000 shares. Approximately 3.8% of the shares of the company are sold short. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is presently 3.3 days.

Wall Street Analysts Forecast Growth

Separately, Barclays upped their price objective on shares of Anywhere Real Estate from $3.50 to $4.00 and gave the stock an “underweight” rating in a report on Wednesday.

Institutional Trading of Anywhere Real Estate

Hedge funds have recently bought and sold shares of the stock. Quarry LP bought a new stake in shares of Anywhere Real Estate in the 3rd quarter worth approximately $26,000. Townsquare Capital LLC acquired a new position in shares of Anywhere Real Estate in the third quarter valued at $52,000. Headlands Technologies LLC bought a new position in Anywhere Real Estate in the second quarter worth $40,000. Ballentine Partners LLC acquired a new stake in Anywhere Real Estate during the third quarter worth $62,000. Finally, Virtu Financial LLC increased its holdings in Anywhere Real Estate by 24.6% in the 3rd quarter. Virtu Financial LLC now owns 15,305 shares of the company’s stock valued at $78,000 after buying an additional 3,022 shares during the period. 97.56% of the stock is owned by institutional investors.

Anywhere Real Estate Stock Down 4.5 %

Shares of NYSE HOUS traded down $0.20 during trading hours on Friday, hitting $4.25. 676,665 shares of the company’s stock were exchanged, compared to its average volume of 716,958. The company’s 50-day moving average price is $4.37 and its 200-day moving average price is $4.37. Anywhere Real Estate has a 1-year low of $3.01 and a 1-year high of $8.40. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.36 and a quick ratio of 0.36.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.18). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.63 billion. Anywhere Real Estate had a negative return on equity of 6.46% and a negative net margin of 3.06%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.15 earnings per share. As a group, research analysts anticipate that Anywhere Real Estate will post -0.7 earnings per share for the current fiscal year.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.