Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM - Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 3,300 shares, a drop of 25.0% from the May 15th total of 4,400 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are sold short.
Institutional Trading of Bluerock Homes Trust
A hedge fund recently raised its stake in Bluerock Homes Trust stock. Arkadios Wealth Advisors grew its stake in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM - Free Report) by 28.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,177 shares of the company's stock after purchasing an additional 18,895 shares during the quarter. Arkadios Wealth Advisors owned approximately 2.15% of Bluerock Homes Trust worth $968,000 at the end of the most recent quarter. Institutional investors own 56.06% of the company's stock.
Bluerock Homes Trust Stock Performance
NYSEAMERICAN BHM opened at $12.80 on Wednesday. The business's 50 day moving average price is $10.66 and its 200-day moving average price is $12.26. Bluerock Homes Trust has a fifty-two week low of $9.30 and a fifty-two week high of $19.01. The company has a market cap of $52.10 million, a P/E ratio of -8.53 and a beta of 0.60.
About Bluerock Homes Trust
(
Get Free Report)
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.
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