America First Multifamily Investors LP (NASDAQ:ATAX) Short Interest Update
America First Multifamily Investors LP (NASDAQ:ATAX) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 37,400 shares, a growth of 61.2% from the July 31st total of 23,200 shares. Based on an average daily volume of 135,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.
Shares of America First Multifamily Investors stock traded down $0.05 during trading on Friday, hitting $7.67. 200 shares of the stock traded hands, compared to its average volume of 188,068. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.78. The stock has a market cap of $456.22 million, a price-to-earnings ratio of 12.58 and a beta of 0.29. The firm’s fifty day moving average is $7.41 and its 200-day moving average is $7.06. America First Multifamily Investors has a 52 week low of $5.17 and a 52 week high of $7.98.
America First Multifamily Investors (NASDAQ:ATAX) last announced its quarterly earnings data on Friday, August 2nd. The financial services provider reported $0.05 EPS for the quarter. The firm had revenue of $14.35 million for the quarter. America First Multifamily Investors had a return on equity of 13.54% and a net margin of 51.06%.
Several institutional investors have recently made changes to their positions in ATAX. Acadian Asset Management LLC increased its position in shares of America First Multifamily Investors by 147.1% during the 2nd quarter. Acadian Asset Management LLC now owns 180,590 shares of the financial services provider’s stock valued at $1,286,000 after purchasing an additional 107,517 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in America First Multifamily Investors by 37.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 389,925 shares of the financial services provider’s stock worth $2,679,000 after acquiring an additional 107,097 shares during the last quarter. Citadel Advisors LLC bought a new position in America First Multifamily Investors during the 2nd quarter worth approximately $567,000. Measured Wealth Private Client Group LLC bought a new position in America First Multifamily Investors during the 2nd quarter worth approximately $378,000. Finally, Geode Capital Management LLC grew its position in America First Multifamily Investors by 77.4% during the 4th quarter. Geode Capital Management LLC now owns 69,438 shares of the financial services provider’s stock worth $389,000 after acquiring an additional 30,297 shares during the last quarter. Hedge funds and other institutional investors own 8.24% of the company’s stock.
About America First Multifamily Investors
America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.
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