Fathom Holdings Inc. (NASDAQ:FTHM) Sees Significant Growth in Short Interest

Fathom Holdings Inc. (NASDAQ:FTHM – Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 259,000 shares, a growth of 11.1% from the August 31st total of 233,200 shares. Approximately 2.1% of the shares of the company are sold short. Based [...]

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Fathom Holdings Inc. ( NASDAQ:FTHM – Get Free Report ) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 259,000 shares, a growth of 11.

1% from the August 31st total of 233,200 shares. Approximately 2.1% of the shares of the company are sold short.



Based on an average daily volume of 65,800 shares, the short-interest ratio is currently 3.9 days. Institutional Trading of Fathom Institutional investors and hedge funds have recently added to or reduced their stakes in the business.

Connective Capital Management LLC increased its holdings in Fathom by 50.9% in the 2nd quarter. Connective Capital Management LLC now owns 122,673 shares of the company’s stock valued at $211,000 after acquiring an additional 41,380 shares during the last quarter.

XTX Topco Ltd purchased a new position in shares of Fathom during the second quarter valued at about $32,000. Renaissance Technologies LLC increased its holdings in shares of Fathom by 31.3% in the second quarter.

Renaissance Technologies LLC now owns 49,100 shares of the company’s stock worth $84,000 after purchasing an additional 11,700 shares during the last quarter. AMG National Trust Bank lifted its position in shares of Fathom by 159.4% in the second quarter.

AMG National Trust Bank now owns 48,817 shares of the company’s stock worth $84,000 after buying an additional 30,000 shares in the last quarter. Finally, Virtu Financial LLC bought a new position in Fathom during the first quarter valued at approximately $38,000. Institutional investors own 55.

49% of the company’s stock. Fathom Price Performance Shares of NASDAQ FTHM traded up $0.08 during midday trading on Tuesday, reaching $2.

67. The stock had a trading volume of 22,554 shares, compared to its average volume of 64,702. The company has a market capitalization of $55.

92 million, a price-to-earnings ratio of -1.82 and a beta of 2.04.

Fathom has a 12-month low of $1.32 and a 12-month high of $4.42.

The stock has a 50-day moving average of $2.50 and a 200-day moving average of $2.00.

The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.52 and a current ratio of 1.

52. Wall Street Analysts Forecast Growth Separately, Stephens reiterated an “overweight” rating and set a $2.50 target price on shares of Fathom in a research report on Tuesday, August 13th.

Read Our Latest Research Report on FTHM Fathom Company Profile ( Get Free Report ) Fathom Holdings Inc provides a real estate services platform that integrates residential brokerage, mortgage, title, and insurance services in the United States. It operates through three segments: Real Estate Brokerage, Mortgage, and Technology. The Real Estate Brokerage segment provides real estate brokerage services.

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