Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Sees Large Decline in Short Interest

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 3,627 shares, a decrease of 36.0% from the August 31st total of 5,668 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,238 shares, the days-to-cover ratio is currently 1.6 days.

Hedge Funds Weigh In On Bluerock Homes Trust

A hedge fund recently bought a new stake in Bluerock Homes Trust stock. Dearborn Partners LLC purchased a new position in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,053 shares of the company’s stock, valued at approximately $150,000. Dearborn Partners LLC owned approximately 0.35% of Bluerock Homes Trust as of its most recent SEC filing. Hedge funds and other institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Stock Up 0.9%

NYSEAMERICAN BHM opened at $7.96 on Thursday. The stock has a market cap of $32.72 million, a P/E ratio of -8.12 and a beta of 0.22. Bluerock Homes Trust has a twelve month low of $7.87 and a twelve month high of $13.30. The company’s 50-day simple moving average is $8.47 and its 200 day simple moving average is $9.65.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last issued its earnings results on Thursday, August 13th. The company reported ($0.90) earnings per share (EPS) for the quarter. Bluerock Homes Trust had a negative return on equity of 5.03% and a negative net margin of 22.00%.The company had revenue of $19.33 million during the quarter.

Bluerock Homes Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Friday, September 25th will be paid a dividend of $0.1250 per share. This represents a $0.50 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, September 25th. Bluerock Homes Trust’s dividend payout ratio is currently -51.02%.

About Bluerock Homes Trust

Bluerock Homes Trust, Inc is a real estate investment trust focused on owning and operating residential rental properties in the United States. The company’s portfolio is centered primarily on single-family rental homes, which it leases to individual residents under long-term rental agreements.

Bluerock Homes Trust seeks to generate revenue through rental income and potential property appreciation. Its activities include acquiring residential properties, overseeing property management and maintenance, and providing homes to residents in markets it believes offer attractive housing and demographic characteristics.

The company is affiliated with Bluerock Real Estate and is part of the broader Bluerock platform, which sponsors and manages real estate investment vehicles.