Fathom Holdings Inc. (NASDAQ:FTHM) Short Interest Down 17.8% in March

Fathom Holdings Inc. (NASDAQ:FTHM) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 175,600 shares, a decline of 17.8% from the March 15th total of 213,500 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 86,200 shares, the short-interest ratio is currently 2.0 days.

Insiders Place Their Bets

In other news, Director Stephen H. Murray bought 138,773 shares of Fathom stock in a transaction dated Friday, March 14th. The stock was bought at an average price of $0.72 per share, for a total transaction of $99,916.56. Following the purchase, the director now owns 266,500 shares of the company’s stock, valued at approximately $191,880. The trade was a 108.65 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. 39.70% of the stock is owned by company insiders.

Institutional Trading of Fathom

Institutional investors have recently modified their holdings of the company. Sovereign s Capital Management LLC bought a new position in shares of Fathom during the fourth quarter worth about $284,000. Requisite Capital Management LLC acquired a new position in Fathom during the fourth quarter worth about $59,000. Northern Trust Corp boosted its holdings in Fathom by 59.8% during the fourth quarter. Northern Trust Corp now owns 57,002 shares of the company’s stock worth $87,000 after buying an additional 21,328 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Fathom during the fourth quarter valued at $32,000. Finally, AMG National Trust Bank grew its holdings in shares of Fathom by 41.0% during the fourth quarter. AMG National Trust Bank now owns 68,817 shares of the company’s stock valued at $107,000 after buying an additional 20,000 shares in the last quarter. Hedge funds and other institutional investors own 55.49% of the company’s stock.

Fathom Price Performance

Shares of NASDAQ FTHM traded up $0.02 on Tuesday, hitting $0.77. The company’s stock had a trading volume of 21,729 shares, compared to its average volume of 81,766. Fathom has a 12-month low of $0.65 and a 12-month high of $3.37. The stock has a 50 day moving average of $0.90 and a 200-day moving average of $1.54. The company has a market capitalization of $20.87 million, a price-to-earnings ratio of -0.60 and a beta of 1.94. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.55 and a quick ratio of 1.55.

About Fathom

Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.