America First Multifamily Investors LP (NASDAQ:ATAX) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 37,400 shares, an increase of 61.2% from the July 31st total of 23,200 shares. Based on an average daily trading volume, of 135,500 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Shares of NASDAQ:ATAX traded down $0.05 during midday trading on Friday, hitting $7.67. 200 shares of the company’s stock were exchanged, compared to its average volume of 188,068. America First Multifamily Investors has a 12 month low of $5.17 and a 12 month high of $7.98. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.80 and a quick ratio of 1.80. The stock has a 50 day moving average price of $7.41 and a 200-day moving average price of $7.06. The company has a market cap of $456.22 million, a PE ratio of 12.58 and a beta of 0.29.

America First Multifamily Investors (NASDAQ:ATAX) last released its earnings results on Friday, August 2nd. The financial services provider reported $0.05 earnings per share for the quarter. The firm had revenue of $14.35 million for the quarter. America First Multifamily Investors had a net margin of 51.06% and a return on equity of 13.54%.

Institutional investors and hedge funds have recently made changes to their positions in the business. Russell Investments Group Ltd. purchased a new stake in shares of America First Multifamily Investors in the 2nd quarter worth about $25,000. Macroview Investment Management LLC bought a new stake in shares of America First Multifamily Investors in the second quarter worth approximately $25,000. Steward Partners Investment Advisory LLC bought a new stake in shares of America First Multifamily Investors in the second quarter worth approximately $35,000. SRS Capital Advisors Inc. bought a new stake in shares of America First Multifamily Investors in the second quarter worth approximately $51,000. Finally, AllSquare Wealth Management LLC bought a new stake in America First Multifamily Investors during the first quarter valued at approximately $55,000. 8.24% of the stock is owned by institutional investors and hedge funds.

Separately, BidaskClub lowered shares of America First Multifamily Investors from a “buy” rating to a “hold” rating in a report on Saturday, September 7th.

About America First Multifamily Investors

America First Multifamily Investors, L.P. acquires, holds, sells, and deals in a portfolio of mortgage revenue bonds (MRBs) that are issued to provide construction or permanent financing for multifamily and student housing, and residential and commercial properties. It operates through four segments: Mortgage Revenue Bond Investments, MF Properties, Public housing Capital Fund Trust, and Other Investments.

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