Comstock Holding Companies, Inc. (NASDAQ:CHCI) Short Interest Up 34.7% in February

Comstock Holding Companies, Inc. (NASDAQ:CHCI - Get Free Report) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 10,100 shares, an increase of 34.7% from the January 31st total of 7,500 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 15,500 shares, the days-to-cover ratio is presently 0.7 days.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Comstock Holding Companies in a research report on Thursday. They set a "hold" rating on the stock.

Comstock Holding Companies Price Performance

Shares of CHCI traded up $0.18 during trading hours on Friday, hitting $7.19. The stock had a trading volume of 1,918 shares, compared to its average volume of 21,652. The firm has a market capitalization of $71.10 million, a PE ratio of 12.19 and a beta of 0.66. Comstock Holding Companies has a 12 month low of $4.60 and a 12 month high of $14.48. The stock has a fifty day moving average price of $7.96 and a 200 day moving average price of $8.72.

Institutional Investors Weigh In On Comstock Holding Companies

Large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted 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 worth $272,000 after buying an additional 1,888 shares during the last quarter. Barclays PLC purchased a new stake in Comstock Holding Companies during the fourth quarter valued at approximately $40,000. Renaissance Technologies LLC raised its position in Comstock Holding Companies by 1.4% in the fourth 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 during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Comstock Holding Companies by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 174,550 shares of the construction company's stock worth $1,395,000 after acquiring an additional 4,433 shares during the last quarter. 6.45% of the stock is currently owned by institutional investors.

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About Comstock Holding Companies

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.