Short Interest Reporting: Will Capstead Mortgage Corporation (NYSE:CMO) Run Out of Steam Soon? Short Interest Is Down

November 29, 2016 - By Pete Kolinski   ·   0 Comments

Short Interest Reporting: Will Capstead Mortgage Corporation (NYSE:CMO) Run Out of Steam Soon? Short Interest Is Down

The stock of Capstead Mortgage Corporation (NYSE:CMO) registered a decrease of 4.68% in short interest. CMO’s total short interest was 3.25 million shares in November as published by FINRA. Its down 4.68% from 3.41 million shares, reported previously. With 511,000 shares average volume, it will take short sellers 6 days to cover their CMO’s short positions. The short interest to Capstead Mortgage Corporation’s float is 3.45%. About 527,399 shares traded hands. Capstead Mortgage Corporation (NYSE:CMO) has risen 5.71% since April 26, 2016 and is uptrending. It has outperformed by 0.45% the S&P500.

Capstead Mortgage Corporation is a self-managed real estate investment trust . The company has a market cap of $1.01 billion. The Firm invests in a leveraged portfolio of residential mortgage pass-through securities consisting exclusively of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the GSEs), or by an agency of the federal Government, the Government National Mortgage Association (Ginnie Mae). It has a 12.79 P/E ratio. The Firm finances its residential mortgage investments primarily by borrowing under repurchase arrangements with commercial banks and other financial institutions supported by its long-term investment capital.

Insitutional Activity: The institutional sentiment decreased to 1.14 in Q2 2016. Its down 0.13, from 1.27 in 2016Q1. The ratio worsened, as 16 funds sold all Capstead Mortgage Corporation shares owned while 47 reduced positions. 16 funds bought stakes while 64 increased positions. They now own 59.75 million shares or 4.31% less from 62.44 million shares in 2016Q1.
United Capital Advisers Ltd Liability Corporation last reported 16,892 shares in the company. Tower Capital Lc (Trc) last reported 2,855 shares in the company. The Connecticut-based Aqr Cap Mgmt Limited Liability Co has invested 0% in Capstead Mortgage Corporation (NYSE:CMO). Wellington Shields Mngmt Ltd Liability Co owns 10,296 shares or 0.02% of their US portfolio. Doheny Asset Management Ca holds 0.24% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 50,000 shares. Parametric Portfolio Assocs Limited last reported 440,179 shares in the company. Moreover, California Public Employees Retirement Systems has 0.01% invested in Capstead Mortgage Corporation (NYSE:CMO) for 357,500 shares. The New York-based Rothschild Asset Mgmt has invested 0.13% in Capstead Mortgage Corporation (NYSE:CMO). Federated Investors Inc Pa holds 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 6,059 shares. State Board Of Administration Of Florida Retirement Systems has invested 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Smithfield Tru has invested 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO). Beck Cap Limited Liability Company accumulated 0.07% or 11,800 shares. Van Eck Associates Corporation holds 299,321 shares or 0.01% of its portfolio. Schwab Charles Mngmt has 0.01% invested in the company for 508,841 shares. Fmr Limited Liability Corp holds 0% of its portfolio in Capstead Mortgage Corporation (NYSE:CMO) for 35,000 shares.

Insider Transactions: Since November 4, 2016, the stock had 0 insider purchases, and 1 insider sale for $76,128 net activity. 8,000 shares with value of $76,128 were sold by ONEIL MICHAEL G on Friday, November 4.

Capstead Mortgage Corporation (NYSE:CMO) Ratings Coverage

Out of 3 analysts covering Capstead Mortgage (NYSE:CMO), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Capstead Mortgage has been the topic of 8 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Market Perform” rating by Wells Fargo given on Monday, April 11. On Friday, July 31 the stock rating was maintained by Maxim Group with “Buy”. The stock has “Outperform” rating given by Wells Fargo on Wednesday, May 11. The firm has “Hold” rating given on Friday, July 31 by Deutsche Bank. M Partners maintained Capstead Mortgage Corporation (NYSE:CMO) on Tuesday, August 11 with “Sell” rating. The firm has “Buy” rating given on Friday, January 29 by Maxim Group.

CMO Company Profile

Capstead Mortgage Corporation, incorporated on April 15, 1985, is a self-managed real estate investment trust (REIT). The Firm invests in a leveraged portfolio of residential mortgage pass-through securities consisting of short-duration adjustable-rate mortgage (ARM) securities issued and guaranteed by government-sponsored enterprises (GSEs), either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the GSEs), or by an agency of the federal Government, the Government National Mortgage Association (Ginnie Mae).

More notable recent Capstead Mortgage Corporation (NYSE:CMO) news were published by: Marketwatch.com which released: “Capstead Mortgage upgraded to outperform from market perform at Wells Fargo” on November 09, 2009, also Businesswire.com with their article: “Capstead Mortgage Corporation Announces Third Quarter 2016 Results” published on October 26, 2016, Seekingalpha.com published: “Buy The 10% Yield From Capstead Mortgage Corporation” on October 24, 2016. More interesting news about Capstead Mortgage Corporation (NYSE:CMO) were released by: Seekingalpha.com and their article: “Earnings Analysis For Capstead Mortgage Corporation And Its Dividend” published on October 27, 2016 as well as Seekingalpha.com‘s news article titled: “I Wouldn’t Buy Capstead Mortgage With YOUR Money” with publication date: November 22, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By Pete Kolinski


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>