Short Interest in Greystone Housing Impact Investors LP (NYSE:GHI) Declines By 24.2%

Greystone Housing Impact Investors LP (NYSE:GHI) 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. Based on an average trading volume of 89,100 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Greystone Housing Impact Investors Price Performance

NYSE GHI opened at $12.68 on Monday. The company has a debt-to-equity ratio of 3.36, a current ratio of 10.78 and a quick ratio of 10.78. The stock’s fifty day moving average price is $12.26 and its 200 day moving average price is $12.34. Greystone Housing Impact Investors has a 1 year low of $10.12 and a 1 year high of $16.82. The company has a market cap of $293.69 million, a price-to-earnings ratio of 16.46 and a beta of 0.69.

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

Institutional Investors Weigh In On Greystone Housing Impact Investors

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC purchased a new stake in Greystone Housing Impact Investors in the fourth quarter valued at $351,000. Stifel Financial Corp boosted its holdings in Greystone Housing Impact Investors by 4.9% in the fourth quarter. Stifel Financial Corp now owns 51,017 shares of the company’s stock valued at $523,000 after purchasing an additional 2,361 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in Greystone Housing Impact Investors in the fourth quarter valued at $134,000. Jump Financial LLC purchased a new stake in Greystone Housing Impact Investors in the fourth quarter valued at $152,000. Finally, Raymond James Financial Inc. purchased a new stake in Greystone Housing Impact Investors in the fourth quarter valued at $3,240,000. 9.01% of the stock is owned by hedge funds and other institutional investors.

About Greystone Housing Impact Investors

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.