Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) Short Interest Up 95.1% in June

Bluerock Homes Trust, Inc. (NYSEAMERICAN:BHM) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 17,122 shares, an increase of 95.1% from the May 31st total of 8,774 shares. Based on an average daily volume of 4,417 shares, the short-interest ratio is currently 3.9 days. Approximately 0.5% of the shares of the company are short sold.

Bluerock Homes Trust Stock Up 3.9%

NYSEAMERICAN BHM opened at $9.43 on Friday. The firm has a market cap of $38.76 million, a P/E ratio of -3.12 and a beta of 0.22. The company’s 50 day moving average is $10.20 and its 200-day moving average is $10.30. Bluerock Homes Trust has a 12-month low of $8.05 and a 12-month high of $14.81.

Bluerock Homes Trust (NYSEAMERICAN:BHM) last announced its quarterly earnings results on Thursday, May 7th. The company reported ($0.90) earnings per share for the quarter. Bluerock Homes Trust had a negative net margin of 21.39% and a negative return on equity of 4.96%. The company had revenue of $19.70 million for the quarter.

Bluerock Homes Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Thursday, June 25th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was Thursday, June 25th. Bluerock Homes Trust’s dividend payout ratio is currently -51.02%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Millennium Management LLC lifted its stake in Bluerock Homes Trust by 17.3% in the fourth quarter. Millennium Management LLC now owns 78,142 shares of the company’s stock worth $834,000 after purchasing an additional 11,523 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Bluerock Homes Trust in the fourth quarter worth about $35,000. Dearborn Partners LLC purchased a new position in shares of Bluerock Homes Trust in the fourth quarter worth about $150,000. Finally, Geode Capital Management LLC lifted its stake in shares of Bluerock Homes Trust by 4.9% in the 4th quarter. Geode Capital Management LLC now owns 38,768 shares of the company’s stock valued at $414,000 after acquiring an additional 1,817 shares during the last quarter. 56.06% of the stock is currently owned by institutional investors.

About Bluerock Homes Trust

Bluerock Homes Trust is a real estate investment trust (REIT) that specializes in the acquisition, ownership and management of factory-built residential housing. The company’s portfolio primarily consists of single-family and modular homes that are installed on leased land or held for rental and sale. By focusing on factory-built housing, Bluerock aims to deliver an affordable, high-quality alternative to conventional home construction and to generate stable rental income through long-term lease agreements.

The company’s core activities include sourcing newly manufactured homes directly from builders, overseeing their delivery and installation, and managing ongoing property operations.