Comstock Holding Companies (CHCI) Sees Strong Trading Volume

Comstock Holding Companies Inc (NASDAQ:CHCI) saw an uptick in trading volume on Monday . 1,597,275 shares were traded during trading, an increase of 590% from the previous session’s volume of 231,614 shares.The stock last traded at $2.67 and had previously closed at $2.15.

Comstock Holding Companies (NASDAQ:CHCI) last announced its quarterly earnings data on Tuesday, August 14th. The construction company reported ($0.21) earnings per share (EPS) for the quarter. Comstock Holding Companies had a negative net margin of 13.59% and a negative return on equity of 215.09%. The company had revenue of $14.30 million for the quarter.

An institutional investor recently bought a new position in Comstock Holding Companies stock. Renaissance Technologies LLC acquired a new stake in shares of Comstock Holding Companies Inc (NASDAQ:CHCI) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 41,784 shares of the construction company’s stock, valued at approximately $109,000. Renaissance Technologies LLC owned approximately 1.07% of Comstock Holding Companies at the end of the most recent reporting period. 7.41% of the stock is currently owned by institutional investors and hedge funds.

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Comstock Holding Companies Company Profile (NASDAQ:CHCI)

Comstock Holding Companies, Inc operates as a real estate development and services company primarily in the mid-Atlantic region, the United States. It operates through three segments: Homebuilding, Multi-Family, and Real Estate Services. The company builds multi-family units, single-family homes, townhouses, and mixed-use developments.

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