Comstock Holding Companies, Inc. (NASDAQ:CHCI) Short Interest Update

Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 6,300 shares, an increase of 46.5% from the February 28th total of 4,300 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 18,300 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Comstock Holding Companies in a report on Sunday. They set a "hold" rating on the stock.

Comstock Holding Companies Trading Up 0.4 %

CHCI traded up $0.04 on Thursday, hitting $9.10. 47,422 shares of the company's stock traded hands, compared to its average volume of 21,152. Comstock Holding Companies has a one year low of $5.02 and a one year high of $14.48. The firm has a market cap of $91.42 million, a price-to-earnings ratio of 15.42 and a beta of 0.62. The company's 50 day simple moving average is $7.88 and its 200-day simple moving average is $8.80.

Comstock Holding Companies (NASDAQ:CHCI - Get Free Report) last released its earnings results on Friday, March 21st. The construction company reported $0.99 EPS for the quarter. The firm had revenue of $16.91 million for the quarter. Comstock Holding Companies had a net margin of 13.44% and a return on equity of 15.65%. During the same period last year, the firm posted $0.18 EPS.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Comstock Holding Companies by 2.6% in the third quarter. Geode Capital Management LLC now owns 170,117 shares of the construction company's stock worth $1,700,000 after buying an additional 4,371 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Comstock Holding Companies by 1.4% during the 4th quarter. Renaissance Technologies LLC now owns 151,479 shares of the construction company's stock worth $1,224,000 after acquiring an additional 2,100 shares in the last quarter. Barclays PLC bought a new position in shares of Comstock Holding Companies during the 4th quarter valued at approximately $40,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Comstock Holding Companies by 5.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,042 shares of the construction company's stock valued at $272,000 after purchasing an additional 1,888 shares in the last quarter. Hedge funds and other institutional investors own 6.45% of the company's stock.

Comstock Holding Companies Company Profile

Comstock Holding Companies, Inc operates as a real estate asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, DC region. The company acquires, develops, operates, and sells residential, commercial, and mixed-use properties. It also provides various asset and property management, development and construction management, and other real estate services to its asset-owning clients, which include primarily of institutional real estate investors, high net worth family offices, and governmental bodies.