Shorts Action: Will Arlington Asset Investment Corporation (NYSE:AI) Run Out of Steam Soon? Short Interest Is Down

November 23, 2016 - By Adrian Mccoy   ·   0 Comments

Shorts Action: Will Arlington Asset Investment Corporation (NYSE:AI) Run Out of Steam Soon? Short Interest Is Down

The stock of Arlington Asset Investment Corporation (NYSE:AI) registered a decrease of 23.31% in short interest. AI’s total short interest was 945,300 shares in November as published by FINRA. Its down 23.31% from 1.23M shares, reported previously. With 194,100 shares average volume, it will take short sellers 5 days to cover their AI’s short positions. The short interest to Arlington Asset Investment Corporation’s float is 4.22%. About 377,553 shares traded hands or 63.11% up from the average. Arlington Asset Investment Corp (NYSE:AI) has risen 24.33% since April 21, 2016 and is uptrending. It has outperformed by 19.00% the S&P500.

Arlington Asset Investment Corp. is a principal investment firm. The company has a market cap of $387.93 million. The Firm acquires and holds a levered portfolio of residential mortgage-backed securities , consisting of agency MBS and private-label MBS. It has a 20.43 P/E ratio. The Firm may invest in other types of residential mortgage assets, such as residential mortgage loans, mortgage servicing rights and government sponsored enterprise (GSE) credit risk transfer securities, as well as other types of assets, including commercial MBS, asset backed securities, other structured securities, commercial mortgage loans, commercial loans, and other real estate-related loans and securities.

Arlington Asset Investment Corp (NYSE:AI) Ratings Coverage

Out of 6 analysts covering Arlington Asset Investment (NYSE:AI), 2 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 33% are positive. Arlington Asset Investment has been the topic of 12 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Wunderlich given on Thursday, October 27. Compass Point maintained it with “Buy” rating and $22.50 target price in Wednesday, July 29 report. Wunderlich maintained Arlington Asset Investment Corp (NYSE:AI) rating on Wednesday, October 28. Wunderlich has “Hold” rating and $14 price target. The company was upgraded on Thursday, February 4 by Ladenburg Thalmann. The firm earned “Neutral” rating on Wednesday, February 24 by Compass Point. On Friday, July 31 the stock rating was maintained by MLV with “Hold”. Ladenburg Thalmann downgraded the shares of AI in a report on Wednesday, July 29 to “Neutral” rating. The company was maintained on Wednesday, October 28 by Maxim Group. On Thursday, May 12 the stock rating was maintained by Barclays Capital with “Equalweight”.

AI Company Profile

Arlington Asset Investment Corp., incorporated on December 17, 2004, is a principal investment firm. The Firm acquires and holds a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. The Firm may invest in other types of residential mortgage assets, such as residential mortgage loans, mortgage servicing rights and government sponsored enterprise (GSE) credit risk transfer securities, as well as other types of assets, including commercial MBS, asset backed securities, other structured securities, commercial mortgage loans, commercial loans, and other real estate-related loans and securities.

More recent Arlington Asset Investment Corp (NYSE:AI) news were published by: Prnewswire.com which released: “Arlington Asset Investment Corp. to Report Third Quarter 2016 Financial Results” on October 20, 2016. Also Prnewswire.com published the news titled: “Arlington Asset Investment Corp. Announces Receipt of Notice of Director …” on April 08, 2016. Bizjournals.com‘s news article titled: “Arlington Asset Investment beats back board takeover attempt” with publication date: June 14, 2016 was also an interesting one.

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By Adrian Mccoy


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