Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Update

Greystone Housing Impact Investors LP (NYSE:GHI) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 106,243 shares, an increase of 43.6% from the February 12th total of 73,981 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 71,705 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 71,705 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Greystone Housing Impact Investors in a report on Monday, December 29th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.67.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GHI. EverSource Wealth Advisors LLC lifted its position in shares of Greystone Housing Impact Investors by 16.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 8,727 shares of the company’s stock valued at $99,000 after acquiring an additional 1,250 shares during the period. Larson Financial Group LLC boosted its stake in shares of Greystone Housing Impact Investors by 3.6% during the 4th quarter. Larson Financial Group LLC now owns 44,565 shares of the company’s stock worth $307,000 after acquiring an additional 1,549 shares in the last quarter. Samalin Investment Counsel LLC grew its holdings in shares of Greystone Housing Impact Investors by 8.3% in the 3rd quarter. Samalin Investment Counsel LLC now owns 50,386 shares of the company’s stock worth $519,000 after acquiring an additional 3,845 shares during the period. Advisory Services Network LLC acquired a new stake in shares of Greystone Housing Impact Investors in the 3rd quarter worth approximately $69,000. Finally, Corient Private Wealth LLC purchased a new position in Greystone Housing Impact Investors in the 4th quarter valued at approximately $71,000. 9.01% of the stock is currently owned by institutional investors and hedge funds.

Greystone Housing Impact Investors Price Performance

Shares of NYSE GHI opened at $7.17 on Monday. The firm has a market capitalization of $169.09 million, a P/E ratio of 39.84 and a beta of 0.58. Greystone Housing Impact Investors has a one year low of $6.01 and a one year high of $13.29. The company’s fifty day moving average is $7.70 and its two-hundred day moving average is $8.24. The company has a debt-to-equity ratio of 3.65, a quick ratio of 6.63 and a current ratio of 6.63.

Greystone Housing Impact Investors Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 13.9%. Greystone Housing Impact Investors’s payout ratio is currently 555.56%.

About Greystone Housing Impact Investors

Greystone Housing Impact Investors (NYSE:GHI) is a publicly traded real estate investment trust focused on financing and preserving affordable and sustainable rental housing in the United States. As the country’s first social‐impact REIT dedicated to housing, GHI aims to deliver stable, long‐term cash flows to its shareholders while supporting underserved communities through strategic capital deployment.

The company originates, underwrites and manages a diversified portfolio of first‐mortgage loans secured by multifamily residential properties, with an emphasis on workforce, affordable and mixed‐income developments.