Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Up 50.0% in April

Greystone Housing Impact Investors LP (NYSE:GHI - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 31,800 shares, a growth of 50.0% from the April 15th total of 21,200 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 41,200 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Greystone Housing Impact Investors

Several hedge funds have recently bought and sold shares of GHI. Octavia Wealth Advisors LLC acquired a new position in shares of Greystone Housing Impact Investors during the 4th quarter worth $701,000. Pineridge Advisors LLC acquired a new position in Greystone Housing Impact Investors during the fourth quarter worth about $144,000. Tucker Asset Management LLC bought a new position in shares of Greystone Housing Impact Investors in the fourth quarter worth about $80,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Greystone Housing Impact Investors by 2.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 175,671 shares of the company's stock valued at $2,950,000 after purchasing an additional 3,388 shares in the last quarter. Finally, Cape Investment Advisory Inc. grew its holdings in shares of Greystone Housing Impact Investors by 150.7% during the 4th quarter. Cape Investment Advisory Inc. now owns 5,049 shares of the company's stock valued at $85,000 after purchasing an additional 3,035 shares during the last quarter. 9.01% of the stock is owned by institutional investors.

Greystone Housing Impact Investors Price Performance

Shares of NYSE GHI traded down $0.03 during midday trading on Friday, reaching $15.55. The company's stock had a trading volume of 44,677 shares, compared to its average volume of 46,658. The company has a debt-to-equity ratio of 3.01, a quick ratio of 15.26 and a current ratio of 15.26. The company has a market cap of $362.16 million, a P/E ratio of 8.21 and a beta of 0.65. The business's 50 day moving average price is $15.89 and its two-hundred day moving average price is $16.38. Greystone Housing Impact Investors has a fifty-two week low of $14.49 and a fifty-two week high of $17.55.

Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.80 by ($0.92). The company had revenue of $25.19 million during the quarter, compared to analyst estimates of $26.00 million. Greystone Housing Impact Investors had a net margin of 45.87% and a return on equity of 11.73%. On average, analysts forecast that Greystone Housing Impact Investors will post 1.45 EPS for the current fiscal year.

Greystone Housing Impact Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 28th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $1.48 dividend on an annualized basis and a yield of 9.52%. Greystone Housing Impact Investors's payout ratio is 78.15%.

Analyst Upgrades and Downgrades

Separately, Jonestrading decreased their price target on shares of Greystone Housing Impact Investors from $20.00 to $17.50 and set a "buy" rating on the stock in a research note on Friday.

Greystone Housing Impact Investors Company Profile

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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