Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Up 14.0% in June

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 13,000 shares, a growth of 14.0% from the May 31st total of 11,400 shares. Based on an average daily volume of 4,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 0.4% of the shares of the company are short sold.

Bluerock Homes Trust Price Performance

Shares of NYSEAMERICAN:BHM traded up $0.12 during midday trading on Monday, reaching $17.50. The company’s stock had a trading volume of 17,100 shares, compared to its average volume of 5,505. The firm has a market capitalization of $69.30 million, a P/E ratio of -14.96 and a beta of 0.80. Bluerock Homes Trust has a twelve month low of $12.05 and a twelve month high of $18.71.

Institutional Trading of Bluerock Homes Trust

A number of hedge funds have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its holdings in Bluerock Homes Trust by 12.4% during the first quarter. Arkadios Wealth Advisors now owns 41,784 shares of the company’s stock worth $709,000 after buying an additional 4,615 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Bluerock Homes Trust during the fourth quarter valued at $3,740,000. Finally, Navis Wealth Advisors LLC purchased a new position in Bluerock Homes Trust during the first quarter valued at $213,000. 56.06% of the stock is owned by hedge funds and other institutional investors.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc owns and operates single-family properties located in markets with a focus on the life regions of the Sunbelt and areas of the Western United States. As of December 31, 2023, it held eighteen real estate investments, consisting of eleven consolidated investments and seven preferred equity and loan investments.