Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Down 11.6% in October

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the recipient of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 8,400 shares, a decline of 11.6% from the October 15th total of 9,500 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BHM. Cambridge Investment Research Advisors Inc. increased its stake in Bluerock Homes Trust by 77.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 95,499 shares of the company’s stock worth $1,671,000 after buying an additional 41,821 shares during the period. Arkadios Wealth Advisors grew its position in shares of Bluerock Homes Trust by 21.4% during the third quarter. Arkadios Wealth Advisors now owns 53,862 shares of the company’s stock worth $805,000 after acquiring an additional 9,502 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Bluerock Homes Trust by 4.5% in the 3rd quarter. Geode Capital Management LLC now owns 38,035 shares of the company’s stock valued at $569,000 after acquiring an additional 1,629 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Bluerock Homes Trust in the 3rd quarter valued at about $3,380,000. Finally, Sunbelt Securities Inc. raised its position in Bluerock Homes Trust by 210.5% during the third quarter. Sunbelt Securities Inc. now owns 6,029 shares of the company’s stock valued at $90,000 after acquiring an additional 4,087 shares in the last quarter. Institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Price Performance

Shares of NYSEAMERICAN:BHM traded up $0.60 during trading on Monday, hitting $14.65. 4,042 shares of the company were exchanged, compared to its average volume of 4,544. The company has a market cap of $57.87 million, a P/E ratio of -14.95 and a beta of 0.75. Bluerock Homes Trust has a 52-week low of $13.25 and a 52-week high of $19.01.

Bluerock Homes Trust Company Profile

Bluerock Homes Trust, Inc (the Company) was incorporated in Maryland on December 16, 2021. The Company owns and operates high-quality single-family properties located in attractive markets with a focus on the knowledge-economy and high-quality of life growth markets of the Sunbelt and Western United States.