Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 3,627 shares, a decrease of 36.0% from the August 31st total of 5,668 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,238 shares, the days-to-cover ratio is currently 1.6 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Bluerock Homes Trust stock. Dearborn Partners LLC acquired a new position in Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,053 shares of the company’s stock, valued at approximately $150,000. Dearborn Partners LLC owned about 0.35% of Bluerock Homes Trust as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 56.06% of the company’s stock.
Bluerock Homes Trust Stock Up 1.1%
BHM opened at $8.01 on Friday. Bluerock Homes Trust has a twelve month low of $7.87 and a twelve month high of $13.30. The company’s 50-day moving average price is $8.45 and its two-hundred day moving average price is $9.62. The stock has a market cap of $32.92 million, a price-to-earnings ratio of -8.17 and a beta of 0.23.
Bluerock Homes Trust Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Friday, September 25th will be paid a $0.1250 dividend. The ex-dividend date is Friday, September 25th. This represents a $0.50 annualized dividend and a dividend yield of 6.2%. Bluerock Homes Trust’s payout ratio is presently -51.02%.
Bluerock Homes Trust Company Profile
Bluerock Homes Trust, Inc is a real estate investment trust focused on owning and operating residential rental properties in the United States. The company’s portfolio is centered primarily on single-family rental homes, which it leases to individual residents under long-term rental agreements.
Bluerock Homes Trust seeks to generate revenue through rental income and potential property appreciation. Its activities include acquiring residential properties, overseeing property management and maintenance, and providing homes to residents in markets it believes offer attractive housing and demographic characteristics.
The company is affiliated with Bluerock Real Estate and is part of the broader Bluerock platform, which sponsors and manages real estate investment vehicles.
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