Short Interest in Greystone Housing Impact Investors LP (NYSE:GHI) Declines By 24.2%

Greystone Housing Impact Investors LP (NYSE:GHI) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 47,100 shares, a drop of 24.2% from the February 13th total of 62,100 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 89,100 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its stake in Greystone Housing Impact Investors by 15.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,477 shares of the company’s stock valued at $77,000 after buying an additional 1,000 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Greystone Housing Impact Investors by 12.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 13,389 shares of the company’s stock valued at $137,000 after acquiring an additional 1,527 shares during the last quarter. Stifel Financial Corp raised its holdings in Greystone Housing Impact Investors by 4.9% in the 4th quarter. Stifel Financial Corp now owns 51,017 shares of the company’s stock valued at $523,000 after acquiring an additional 2,361 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Greystone Housing Impact Investors in the 4th quarter valued at about $134,000. Finally, Jump Financial LLC acquired a new stake in Greystone Housing Impact Investors in the 4th quarter valued at about $152,000. 9.01% of the stock is owned by hedge funds and other institutional investors.

Greystone Housing Impact Investors Trading Up 0.7 %

Shares of Greystone Housing Impact Investors stock opened at $12.68 on Monday. The firm has a market capitalization of $293.69 million, a PE ratio of 16.46 and a beta of 0.69. Greystone Housing Impact Investors has a twelve month low of $10.12 and a twelve month high of $16.82. The firm’s 50-day moving average price is $12.26 and its 200 day moving average price is $12.34. The company has a current ratio of 10.78, a quick ratio of 10.78 and a debt-to-equity ratio of 3.36.

Greystone Housing Impact Investors (NYSE:GHI) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.06. The firm had revenue of $22.59 million for the quarter, compared to analyst estimates of $26.02 million. Greystone Housing Impact Investors had a net margin of 22.35% and a return on equity of 5.76%. On average, sell-side analysts predict that Greystone Housing Impact Investors will post 1.9 EPS for the current fiscal year.

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.