Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Up 50.5% in December

Greystone Housing Impact Investors LP (NYSE:GHI) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 27,400 shares, an increase of 50.5% from the November 30th total of 18,200 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 98,300 shares, the short-interest ratio is currently 0.3 days.

Greystone Housing Impact Investors Stock Up 0.9 %

Shares of NYSE GHI opened at $10.67 on Monday. The company has a quick ratio of 10.78, a current ratio of 10.78 and a debt-to-equity ratio of 3.36. The business’s 50 day moving average is $11.61 and its two-hundred day moving average is $13.27. Greystone Housing Impact Investors has a 52-week low of $10.32 and a 52-week high of $17.31. The firm has a market cap of $248.50 million, a price-to-earnings ratio of 17.24 and a beta of 0.69.

Greystone Housing Impact Investors (NYSE:GHI) last announced its earnings results on Wednesday, November 6th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.43). The firm had revenue of $24.35 million for the quarter, compared to analysts’ expectations of $23.64 million. Greystone Housing Impact Investors had a net margin of 17.55% and a return on equity of 2.46%. During the same quarter last year, the business earned $0.39 earnings per share. Research analysts predict that Greystone Housing Impact Investors will post 0.49 EPS for the current year.

Greystone Housing Impact Investors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be paid a $0.37 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.48 annualized dividend and a dividend yield of 13.87%. Greystone Housing Impact Investors’s dividend payout ratio (DPR) is 238.71%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities lowered their price objective on Greystone Housing Impact Investors from $19.00 to $17.50 and set a “market outperform” rating for the company in a research report on Thursday, November 7th.

Institutional Trading of Greystone Housing Impact Investors

A hedge fund recently bought a new stake in Greystone Housing Impact Investors stock. Ashton Thomas Private Wealth LLC bought a new position in shares of Greystone Housing Impact Investors LP (NYSE:GHI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,074 shares of the company’s stock, valued at approximately $31,000. 9.01% of the stock is currently owned by hedge funds and other institutional investors.

Greystone Housing Impact Investors Company Profile

Greystone Housing Impact Investors LP acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction and/or permanent financing for multifamily, student, and senior citizen housing; skilled nursing properties; and commercial properties in the United States.