Greystone Housing Impact Investors LP (NYSE:GHI) Sees Large Decline in Short Interest

Greystone Housing Impact Investors LP (NYSE:GHI - Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 10,100 shares, a decrease of 55.3% from the March 31st total of 22,600 shares. Based on an average daily volume of 46,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company's shares are sold short.

Institutional Trading of Greystone Housing Impact Investors

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Greystone Housing Impact Investors in the fourth quarter valued at approximately $3,240,000. EverSource Wealth Advisors LLC grew its position in Greystone Housing Impact Investors by 15.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company's stock valued at $77,000 after purchasing an additional 1,000 shares during the period. Commonwealth Equity Services LLC increased its stake in Greystone Housing Impact Investors by 12.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company's stock valued at $137,000 after purchasing an additional 1,527 shares in the last quarter. Virtu Financial LLC acquired a new position in Greystone Housing Impact Investors during the fourth quarter worth $164,000. Finally, Samalin Investment Counsel LLC lifted its stake in shares of Greystone Housing Impact Investors by 40.7% in the fourth quarter. Samalin Investment Counsel LLC now owns 61,826 shares of the company's stock valued at $634,000 after buying an additional 17,881 shares in the last quarter. 9.01% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on GHI shares. Raymond James reiterated an "outperform" rating and issued a $17.00 price target (down previously from $17.50) on shares of Greystone Housing Impact Investors in a research report on Tuesday, March 18th. JMP Securities decreased their target price on shares of Greystone Housing Impact Investors from $17.50 to $16.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 22nd.

Greystone Housing Impact Investors Trading Down 0.5 %

NYSE GHI traded down $0.06 during trading hours on Monday, hitting $11.28. 10,479 shares of the company's stock were exchanged, compared to its average volume of 51,541. The firm has a market cap of $261.37 million, a price-to-earnings ratio of 14.65 and a beta of 0.52. The stock has a 50-day simple moving average of $12.17 and a 200 day simple moving average of $11.96. The company has a current ratio of 10.78, a quick ratio of 10.78 and a debt-to-equity ratio of 3.36. Greystone Housing Impact Investors has a 1-year low of $10.12 and a 1-year high of $15.90.

Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.28 by $0.06. The company had revenue of $22.59 million during the quarter, compared to the consensus estimate of $26.02 million. Greystone Housing Impact Investors had a net margin of 22.35% and a return on equity of 5.76%. On average, equities analysts forecast that Greystone Housing Impact Investors will post 1.9 EPS for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 13.12%. Greystone Housing Impact Investors's dividend payout ratio (DPR) is presently 192.21%.

About Greystone Housing Impact Investors

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.

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