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%.

Separately, BidaskClub lowered America First Multifamily Investors from a “buy” rating to a “hold” rating in a research report on Saturday, September 7th.

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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