Anywhere Real Estate Inc. (NYSE:HOUS) Short Interest Update

Anywhere Real Estate Inc. (NYSE:HOUS - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 4,680,000 shares, a growth of 44.0% from the February 28th total of 3,250,000 shares. Approximately 4.5% of the company's stock are short sold. Based on an average daily volume of 1,200,000 shares, the days-to-cover ratio is currently 3.9 days.

Anywhere Real Estate Stock Down 6.9 %

NYSE:HOUS traded down $0.24 on Thursday, hitting $3.26. The stock had a trading volume of 245,445 shares, compared to its average volume of 1,178,691. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 1.38. Anywhere Real Estate has a 52 week low of $2.71 and a 52 week high of $6.19. The business's fifty day moving average is $3.62 and its 200 day moving average is $4.03. The company has a market cap of $364.45 million, a PE ratio of -2.81 and a beta of 2.46.

Anywhere Real Estate (NYSE:HOUS - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported ($0.45) earnings per share for the quarter, missing analysts' consensus estimates of ($0.36) by ($0.09). Anywhere Real Estate had a negative return on equity of 5.88% and a negative net margin of 2.25%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, equities research analysts expect that Anywhere Real Estate will post 0.05 EPS for the current fiscal year.

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Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Intech Investment Management LLC purchased a new position in Anywhere Real Estate during the 3rd quarter worth $233,000. FMR LLC boosted its holdings in shares of Anywhere Real Estate by 32.1% in the 3rd quarter. FMR LLC now owns 612,697 shares of the company's stock worth $3,113,000 after buying an additional 148,938 shares during the last quarter. Townsquare Capital LLC bought a new position in Anywhere Real Estate during the third quarter valued at about $52,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Anywhere Real Estate by 4.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 245,270 shares of the company's stock worth $1,246,000 after buying an additional 9,958 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in Anywhere Real Estate in the third quarter worth about $450,000. 97.56% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Barclays dropped their price objective on shares of Anywhere Real Estate from $4.00 to $3.00 and set an "underweight" rating on the stock in a report on Thursday, January 16th.

Anywhere Real Estate Company Profile

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.