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

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

Hedge Funds Weigh In On Greystone Housing Impact Investors

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in Greystone Housing Impact Investors in the fourth quarter worth $3,240,000. Bullseye Investment Management LLC acquired a new position in shares of Greystone Housing Impact Investors during the fourth quarter valued at $628,000. Jane Street Group LLC acquired a new position in shares of Greystone Housing Impact Investors during the fourth quarter valued at $351,000. Samalin Investment Counsel LLC increased its holdings in shares of Greystone Housing Impact Investors by 40.7% during the fourth quarter. Samalin Investment Counsel LLC now owns 61,826 shares of the company's stock valued at $634,000 after purchasing an additional 17,881 shares during the period. Finally, Virtu Financial LLC acquired a new position in shares of Greystone Housing Impact Investors during the fourth quarter valued at $164,000. 9.01% of the stock is currently owned by institutional investors.

Greystone Housing Impact Investors Stock Down 1.9 %

Shares of Greystone Housing Impact Investors stock traded down $0.25 on Thursday, hitting $12.89. 29,758 shares of the company's stock traded hands, compared to its average volume of 65,851. The stock has a market cap of $298.67 million, a P/E ratio of 16.74 and a beta of 0.69. The company has a quick ratio of 10.78, a current ratio of 10.78 and a debt-to-equity ratio of 3.36. The firm's 50-day moving average is $12.37 and its 200 day moving average is $12.33. Greystone Housing Impact Investors has a 52-week low of $10.12 and a 52-week high of $16.82.

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Greystone Housing Impact Investors (NYSE:GHI - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.28 by $0.06. The company had revenue of $22.59 million during the quarter, compared to analysts' expectations of $26.02 million. Greystone Housing Impact Investors had a return on equity of 5.76% and a net margin of 22.35%. Equities analysts anticipate that Greystone Housing Impact Investors will post 1.9 earnings per share for the current year.

Greystone Housing Impact Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 11.48%. The ex-dividend date of this dividend is Monday, March 31st. Greystone Housing Impact Investors's dividend payout ratio (DPR) is presently 192.21%.

Analyst Upgrades and Downgrades

Separately, Raymond James restated an "outperform" rating and issued a $17.00 price target (down previously from $17.50) on shares of Greystone Housing Impact Investors in a report on Tuesday.

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.