Anywhere Real Estate Inc. (NYSE:HOUS) Sees Significant Decline in Short Interest

Anywhere Real Estate Inc. (NYSE:HOUS) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 4,080,000 shares, a drop of 11.9% from the October 31st total of 4,630,000 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average daily trading volume, of 1,120,000 shares, the short-interest ratio is presently 3.6 days.

Anywhere Real Estate Stock Down 0.2 %

NYSE:HOUS traded down $0.01 during trading hours on Friday, hitting $4.90. The stock had a trading volume of 398,428 shares, compared to its average volume of 1,153,755. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34. Anywhere Real Estate has a 1-year low of $3.01 and a 1-year high of $8.40. The business has a 50 day simple moving average of $4.50 and a two-hundred day simple moving average of $4.39. The company has a market cap of $545.17 million, a PE ratio of -3.16 and a beta of 2.31.

Anywhere Real Estate (NYSE:HOUS) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.18). Anywhere Real Estate had a negative net margin of 3.06% and a negative return on equity of 6.46%. The firm had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the business earned $0.15 EPS. The firm’s revenue was down 3.1% compared to the same quarter last year. Analysts predict that Anywhere Real Estate will post -0.52 EPS for the current year.

Institutional Trading of Anywhere Real Estate

Several large investors have recently bought and sold shares of HOUS. Quarry LP acquired a new stake in shares of Anywhere Real Estate during the third quarter worth approximately $26,000. Headlands Technologies LLC acquired a new stake in shares of Anywhere Real Estate during the second quarter worth approximately $40,000. Townsquare Capital LLC acquired a new stake in shares of Anywhere Real Estate during the third quarter worth approximately $52,000. Versor Investments LP acquired a new stake in shares of Anywhere Real Estate during the second quarter worth approximately $54,000. Finally, Nemes Rush Group LLC grew its position in shares of Anywhere Real Estate by 16.7% during the second quarter. Nemes Rush Group LLC now owns 17,500 shares of the company’s stock worth $58,000 after buying an additional 2,500 shares in the last quarter. Institutional investors and hedge funds own 97.56% of the company’s stock.

About Anywhere Real Estate

Anywhere Real Estate Inc, through its subsidiaries, provides residential real estate services in the United States and internationally. The company operates through three segments: Anywhere Brands, Anywhere Advisors, and Anywhere Integrated Services. The Anywhere Brands segment franchises the Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, Corcoran, ERA, and Sotheby's International Realty brand names.