Armour Residential Reit Inc (NYSE:ARR) Shorted Shares Increased By 3.55%

May 16, 2018 - By Nellie Frank

The stock of Armour Residential Reit Inc (NYSE:ARR) registered an increase of 3.55% in short interest. ARR’s total short interest was 1.98 million shares in May as published by FINRA. Its up 3.55% from 1.91M shares, reported previously. With 450,200 shares average volume, it will take short sellers 4 days to cover their ARR’s short positions. The short interest to Armour Residential Reit Inc’s float is 4.8%.

It closed at $22.52 lastly. It is down 2.92% since May 16, 2017 and is uptrending. It has underperformed by 8.63% the S&P500.

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company has market cap of $943.65 million. The firm is managed by ARMOUR Capital Management LP. It has a 5.4 P/E ratio. It invests primarily in fixed rate residential, adjustable rate, and hybrid adjustable rate residential mortgage-backed securities issued or guaranteed by the United States Government-sponsored enterprises , or guaranteed by the Government National Mortgage Association.

More news for ARMOUR Residential REIT, Inc. (NYSE:ARR) were recently published by: Seekingalpha.com, which released: “ARMOUR Residential REIT’s (ARR) CEO Jeff Zimmer on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Seekingalpha.com‘s article titled: “AGNC Investment’s Q1 2018 And 4/17/2018 BV Projection (Includes MTGE And NLY BV Projection)” and published on April 18, 2018 is yet another important article.

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