Greystone Housing Impact Investors LP (NYSE:GHI) Sees Large Increase in Short Interest

Greystone Housing Impact Investors LP (NYSE:GHI) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 106,243 shares, a growth of 43.6% from the February 12th total of 73,981 shares. Based on an average daily volume of 71,705 shares, the short-interest ratio is presently 1.5 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 71,705 shares, the short-interest ratio is presently 1.5 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d+)” rating on shares of Greystone Housing Impact Investors in a report on Monday, December 29th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Greystone Housing Impact Investors currently has an average rating of “Moderate Buy” and a consensus price target of $12.67.

Institutional Investors Weigh In On Greystone Housing Impact Investors

Several institutional investors and hedge funds have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in Greystone Housing Impact Investors in the third quarter worth about $69,000. EverSource Wealth Advisors LLC grew its holdings in shares of Greystone Housing Impact Investors by 16.7% during the second quarter. EverSource Wealth Advisors LLC now owns 8,727 shares of the company’s stock valued at $99,000 after purchasing an additional 1,250 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Greystone Housing Impact Investors during the 4th quarter worth approximately $71,000. LPL Financial LLC acquired a new stake in shares of Greystone Housing Impact Investors during the 4th quarter worth approximately $76,000. Finally, ING Groep NV bought a new stake in shares of Greystone Housing Impact Investors in the 4th quarter worth approximately $78,000. Institutional investors and hedge funds own 9.01% of the company’s stock.

Greystone Housing Impact Investors Stock Performance

Greystone Housing Impact Investors stock opened at $7.17 on Friday. The company has a debt-to-equity ratio of 3.65, a current ratio of 6.63 and a quick ratio of 6.63. Greystone Housing Impact Investors has a 12 month low of $6.01 and a 12 month high of $13.29. The company has a fifty day moving average price of $7.70 and a two-hundred day moving average price of $8.27. The company has a market cap of $169.09 million, a PE ratio of 39.84 and a beta of 0.58.

Greystone Housing Impact Investors Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were issued a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 13.9%. Greystone Housing Impact Investors’s payout ratio is 555.56%.

Greystone Housing Impact Investors Company Profile

Greystone Housing Impact Investors (NYSE:GHI) is a publicly traded real estate investment trust focused on financing and preserving affordable and sustainable rental housing in the United States. As the country’s first social‐impact REIT dedicated to housing, GHI aims to deliver stable, long‐term cash flows to its shareholders while supporting underserved communities through strategic capital deployment.

The company originates, underwrites and manages a diversified portfolio of first‐mortgage loans secured by multifamily residential properties, with an emphasis on workforce, affordable and mixed‐income developments.