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He has shares in a houseboat, but no fixed address (4)

Ross

I believe the answer is:

hobo

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'he has shares in a houseboat but no fixed address' is the definition.
The answer is a person as well as being a singular noun. This is suggested by the definition.

'he has shares in a houseboat' is the wordplay.
'he' becomes 'Bo'.
'has' means one lot of letters go next to another.
'shares in a houseboat' becomes 'ho' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'bo' put after 'ho' is 'HOBO'.

Can you help me to learn more?

(Other definitions for hobo that I've seen before include "Homeless American" , "Tramp (US)" , "Vagrant (American)" , "Vagrant, tramp" , "Bum" .)

I've seen this clue in the Evening Standard.
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