Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Stock Short Interest Rises 163.1%

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 9,497 shares, an increase of 163.1% from the September 30th total of 3,610 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 2,538 shares, the days-to-cover ratio is currently 3.7 days.

Bluerock Homes Trust Stock Down 0.8%

Shares of BHM traded down $0.06 during trading on Friday, reaching $7.65. The company’s stock had a trading volume of 21,950 shares, compared to its average volume of 7,324. The company has a market cap of $31.44 million, a price-to-earnings ratio of -7.81 and a beta of 0.23. The company has a fifty day moving average of $8.22 and a two-hundred day moving average of $9.54. Bluerock Homes Trust has a twelve month low of $7.36 and a twelve month high of $13.30.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.90) earnings per share (EPS) for the quarter. Bluerock Homes Trust had a negative net margin of 22.00% and a negative return on equity of 5.03%. The firm had revenue of $19.33 million for the quarter.

Bluerock Homes Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Friday, September 25th were given a $0.1250 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.5%. The ex-dividend date was Friday, September 25th. 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 single-family rental properties. The company seeks to provide housing for residents while generating rental income through a portfolio of homes in selected U.S. markets.

Its activities generally include acquiring, leasing, managing and maintaining single-family residences. Bluerock Homes Trust may also pursue property-level improvements and professional management programs intended to support occupancy, resident services and the long-term value of its housing portfolio.

The company is affiliated with Bluerock, a real estate investment and asset management platform.