Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Sees Significant Decline in Short Interest

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 3,627 shares, a decline of 36.0% from the August 31st total of 5,668 shares. Based on an average daily volume of 2,238 shares, the short-interest ratio is presently 1.6 days. Approximately 0.1% of the shares of the company are short sold.

Bluerock Homes Trust Stock Up 0.9%

Shares of NYSEAMERICAN:BHM opened at $7.96 on Thursday. The company has a market cap of $32.72 million, a price-to-earnings ratio of -8.12 and a beta of 0.22. The business has a 50 day moving average price of $8.47 and a 200 day moving average price of $9.65. Bluerock Homes Trust has a twelve month low of $7.87 and a twelve month high of $13.30.

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

Bluerock Homes Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 5th. Shareholders of record on Friday, September 25th will be issued a $0.1250 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $0.50 dividend on an annualized basis and a yield of 6.3%. Bluerock Homes Trust’s dividend payout ratio is -51.02%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bluerock Homes Trust stock. Dearborn Partners LLC bought a new position in shares of Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 SEC filing. Institutional investors and hedge funds own 56.06% of the company’s stock.

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.