Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM – Get Free Report) was the target of 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. Based on an average trading volume of 2,538 shares, the short-interest ratio is currently 3.7 days. Approximately 0.3% of the shares of the stock are short sold.
Bluerock Homes Trust Price Performance
NYSEAMERICAN:BHM traded up $0.30 during midday trading on Thursday, reaching $7.71. 5,811 shares of the company traded hands, compared to its average volume of 2,751. Bluerock Homes Trust has a twelve month low of $7.36 and a twelve month high of $13.30. The company has a fifty day moving average price of $8.22 and a 200 day moving average price of $9.54. The firm has a market capitalization of $31.69 million, a price-to-earnings ratio of -7.87 and a beta of 0.23.
Bluerock Homes Trust (NYSEAMERICAN:BHM – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported ($0.90) 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 during the quarter.
Bluerock Homes Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Friday, September 25th were issued 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 dividend payout ratio is -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.
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