Comstock Holding Companies, Inc. (NASDAQ:CHCI) Short Interest Update

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

Wall Street Analyst Weigh In

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

Comstock Holding Companies Price Performance

Comstock Holding Companies stock traded down $0.20 during trading hours on Thursday, hitting $8.84. The stock had a trading volume of 12,565 shares, compared to its average volume of 20,131. The stock has a market capitalization of $87.16 million, a price-to-earnings ratio of 15.32 and a beta of 0.74. Comstock Holding Companies has a 1-year low of $3.90 and a 1-year high of $14.48. The stock’s fifty day moving average is $10.00 and its two-hundred day moving average is $7.86.

Comstock Holding Companies Company Profile

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.