Comstock Holding Companies, Inc. (NASDAQ:CHCI) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Comstock Holding Companies, Inc. (NASDAQ:CHCI – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 17,600 shares, an increase of 38.6% from the October 15th total of 12,700 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 31,100 shares, the short-interest ratio is currently 0.6 days.

Analyst Ratings Changes

Separately, StockNews.com lowered Comstock Holding Companies from a “buy” rating to a “hold” rating in a report on Monday.

Check Out Our Latest Research Report on CHCI

Comstock Holding Companies Stock Down 2.2 %

Shares of NASDAQ:CHCI traded down $0.20 during midday trading on Thursday, hitting $8.84. The stock had a trading volume of 12,565 shares, compared to its average volume of 20,131. The company has a market cap of $87.16 million, a P/E ratio of 15.32 and a beta of 0.74. The business’s 50-day simple moving average is $10.00 and its 200-day simple moving average is $7.86. Comstock Holding Companies has a 12 month low of $3.90 and a 12 month high of $14.48.

About Comstock Holding Companies

(Get Free Report)

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.

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