United Homes Group, Inc. (NASDAQ:UHG) Short Interest Update

United Homes Group, Inc. (NASDAQ:UHGGet Free Report) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 512,200 shares, a decrease of 30.3% from the April 15th total of 735,000 shares. Approximately 7.1% of the shares of the company are sold short. Based on an average daily trading volume, of 22,300 shares, the days-to-cover ratio is currently 23.0 days.

United Homes Group Stock Performance

Shares of UHG stock traded down $0.22 on Monday, hitting $6.58. The company’s stock had a trading volume of 1,916 shares, compared to its average volume of 20,068. United Homes Group has a fifty-two week low of $4.79 and a fifty-two week high of $18.70. The company has a market capitalization of $318.28 million, a PE ratio of 1.16 and a beta of 0.67. The stock’s 50 day moving average is $6.79 and its 200-day moving average is $7.25. The company has a debt-to-equity ratio of 3.74, a quick ratio of 1.39 and a current ratio of 5.18.

United Homes Group (NASDAQ:UHGGet Free Report) last announced its earnings results on Thursday, March 14th. The company reported $0.05 earnings per share (EPS) for the quarter. United Homes Group had a net margin of 82.93% and a negative return on equity of 231.05%. The firm had revenue of $116.83 million for the quarter.

Hedge Funds Weigh In On United Homes Group

A hedge fund recently bought a new stake in United Homes Group stock. Boston Partners bought a new stake in United Homes Group, Inc. (NASDAQ:UHGFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 270,628 shares of the company’s stock, valued at approximately $2,281,000. Boston Partners owned approximately 0.56% of United Homes Group at the end of the most recent quarter. 88.85% of the stock is owned by institutional investors.

United Homes Group Company Profile

(Get Free Report)

United Homes Group, Inc, a homebuilding company, engages in the design, building, and sale of homes in South Carolina, North Carolina, and Georgia. It provides detached single-family houses, as well as attached single-family houses, including duplex and town houses for entry-level buyers, first time move-ups, second time move-ups, third time move-ups, and custom builds.

Further Reading

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