Short Interest in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Decreases By 27.5%

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 5,800 shares, a decline of 27.5% from the August 15th total of 8,000 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 3.2 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is presently 3.2 days.

Institutional Trading of Bluerock Homes Trust

Several institutional investors and hedge funds have recently made changes to their positions in BHM. Arkadios Wealth Advisors raised its holdings in shares of Bluerock Homes Trust by 28.5% in the first quarter. Arkadios Wealth Advisors now owns 85,177 shares of the company’s stock valued at $968,000 after purchasing an additional 18,895 shares during the last quarter. Northern Trust Corp raised its holdings in shares of Bluerock Homes Trust by 38.2% in the fourth quarter. Northern Trust Corp now owns 23,185 shares of the company’s stock valued at $308,000 after purchasing an additional 6,414 shares during the last quarter. Finally, Quinn Opportunity Partners LLC raised its holdings in shares of Bluerock Homes Trust by 0.5% in the second quarter. Quinn Opportunity Partners LLC now owns 228,282 shares of the company’s stock valued at $2,858,000 after purchasing an additional 1,211 shares during the last quarter. Hedge funds and other institutional investors own 56.06% of the company’s stock.

Bluerock Homes Trust Stock Up 2.9%

Shares of NYSEAMERICAN BHM opened at $12.61 on Tuesday. The firm has a market cap of $51.32 million, a PE ratio of -7.25 and a beta of 0.77. Bluerock Homes Trust has a 12-month low of $9.30 and a 12-month high of $16.53. The company’s fifty day simple moving average is $13.34 and its 200 day simple moving average is $11.98.

Analyst Upgrades and Downgrades

Separately, Colliers Securities assumed coverage on shares of Bluerock Homes Trust in a research note on Tuesday, July 8th. They set a “buy” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $15.00.

About Bluerock Homes Trust

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.