Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) saw a large 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. Based on an average trading volume of 2,238 shares, the short-interest ratio is currently 1.6 days. Currently, 0.1% of the shares of the stock are short sold.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Bluerock Homes Trust stock. Dearborn Partners LLC purchased a new position in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,053 shares of the company’s stock, valued at approximately $150,000. Dearborn Partners LLC owned approximately 0.35% of Bluerock Homes Trust as of its most recent filing with the Securities and Exchange Commission (SEC). 56.06% of the stock is currently owned by institutional investors and hedge funds.
Bluerock Homes Trust Price Performance
NYSEAMERICAN:BHM traded up $0.26 during mid-day trading on Friday, reaching $8.18. The stock had a trading volume of 1,017 shares, compared to its average volume of 7,645. Bluerock Homes Trust has a 12 month low of $7.87 and a 12 month high of $13.30. The stock has a market capitalization of $33.60 million, a PE ratio of -8.35 and a beta of 0.23. The stock has a 50-day simple moving average of $8.46 and a two-hundred day simple moving average of $9.63.
Bluerock Homes Trust Dividend Announcement
The firm 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 dividend of $0.1250 per share. The ex-dividend date of this dividend is Friday, September 25th. This represents a $0.50 annualized dividend and a yield of 6.1%. Bluerock Homes Trust’s payout ratio is presently -51.02%.
About Bluerock Homes Trust
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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