Armada Hoffler Properties Incorporated (NYSE:AHH) Shorts Decreased by 6.56% After Short Covering


The stock of Armada Hoffler Properties Incorporated (NYSE:AHH) registered a decrease of 6.56% in short interest. AHH’s total short interest was 468,700 shares in September as published by FINRA. Its down 6.56% from 501,600 shares, reported previously. With 335,900 shares average volume, it will take short sellers 1 days to cover their AHH’s short positions. The short interest to Armada Hoffler Properties Incorporated’s float is 1.45%. About 167,451 shares traded hands. Armada Hoffler Properties Inc (NYSE:AHH) has risen 33.75% since February 8, 2016 and is uptrending. It has outperformed by 17.26% the S&P500.

Armada Hoffler Properties, Inc. is a real estate firm engaged in developing, building, owning and managing institutional-grade office, retail and multifamily properties in markets across the Mid-Atlantic United States, including Virginia, Maryland, North Carolina and South Carolina. The company has a market cap of $687.32 million. The Firm operates through four divisions: office real estate, retail real estate, multifamily residential real estate, and general contracting and real estate services. It has a 18.66 P/E ratio. The Firm also provides general contracting services to third parties.

The institutional sentiment increased to 2.16 in 2016 Q2. Its up 0.44, from 1.72 in 2016Q1. The ratio is positive, as 8 funds sold all Armada Hoffler Properties Inc shares owned while 29 reduced positions. 23 funds bought stakes while 57 increased positions. They now own 22.43 million shares or 5.05% more from 21.35 million shares in 2016Q1.

Chilton Capital Management Llc holds 1.14% of its portfolio in Armada Hoffler Properties Inc for 854,240 shares. Campbell & Co Investment Adviser Llc owns 12,903 shares or 0.89% of their US portfolio. Moreover, Hawk Ridge Capital Management Lp has 0.57% invested in the company for 68,973 shares. The Massachusetts-based Albert D Mason Inc has invested 0.35% in the stock. Ativo Capital Management Llc, a Illinois-based fund reported 96,903 shares.

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