Greystone Housing Impact Investors LP (NYSE:GHI) Short Interest Update

Greystone Housing Impact Investors LP (NYSE:GHI) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 25,600 shares, a drop of 6.6% from the December 15th total of 27,400 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 116,600 shares, the short-interest ratio is presently 0.2 days.

Greystone Housing Impact Investors Trading Down 1.3 %

Shares of Greystone Housing Impact Investors stock traded down $0.15 during midday trading on Friday, reaching $11.79. The company had a trading volume of 63,735 shares, compared to its average volume of 144,839. The firm has a market cap of $274.57 million, a PE ratio of 19.05 and a beta of 0.70. The stock has a fifty day moving average price of $11.23 and a 200 day moving average price of $12.88. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78. Greystone Housing Impact Investors has a fifty-two week low of $10.12 and a fifty-two week high of $17.31.

Greystone Housing Impact Investors (NYSE:GHI) last announced its quarterly earnings data on Wednesday, November 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.43). The business had revenue of $24.35 million during the quarter, compared to analyst estimates 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 period in the prior year, the firm earned $0.39 earnings per share. On average, equities analysts anticipate that Greystone Housing Impact Investors will post 0.49 earnings per share 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. Investors of record on Tuesday, December 31st will be given a $0.37 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $1.48 annualized dividend and a yield of 12.55%. Greystone Housing Impact Investors’s payout ratio is 239.10%.

Analyst Ratings Changes

Separately, JMP Securities cut their target price on shares of Greystone Housing Impact Investors from $19.00 to $17.50 and set a “market outperform” rating on the stock in a research report on Thursday, November 7th.

Institutional Trading of Greystone Housing Impact Investors

A hedge fund recently raised its stake in Greystone Housing Impact Investors stock. Royal Capital Wealth Management LLC grew its position in Greystone Housing Impact Investors LP (NYSE:GHI) by 7.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,827 shares of the company’s stock after purchasing an additional 1,644 shares during the period. Royal Capital Wealth Management LLC owned about 0.11% of Greystone Housing Impact Investors worth $368,000 at the end of the most recent reporting period. Institutional investors own 9.01% of the company’s stock.

About Greystone Housing Impact Investors

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.