Armour Residential Reit Inc (NYSE:ARR) Stock Is Shorted More

September 16, 2018 - By Andrea Bass

The stock of Armour Residential Reit Inc (NYSE:ARR) registered an increase of 8.39% in short interest. ARR’s total short interest was 4.07M shares in September as published by FINRA. Its up 8.39% from 3.75 million shares, reported previously. With 359,200 shares average volume, it will take short sellers 11 days to cover their ARR’s short positions. The short interest to Armour Residential Reit Inc’s float is 9.85%.

The stock decreased 0.52% or $0.12 during the last trading session, reaching $23.05. About 419,358 shares traded or 2.01% up from the average. ARMOUR Residential REIT, Inc. (NYSE:ARR) has declined 13.93% since September 16, 2017 and is downtrending. It has underperformed by 29.55% the S&P500.

ARMOUR Residential REIT, Inc. invests in residential mortgage backed securities in the United States. The company has market cap of $966.44 million. The firm is managed by ARMOUR Capital Management LP. It has a 6.95 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 important recent ARMOUR Residential REIT, Inc. (NYSE:ARR) news were published by: Seekingalpha.com which released: “Are You Looking At This 9.5% Yield?” on August 23, 2018, also Seekingalpha.com published article titled: “Rapid7: Hold Until 2019”, Nasdaq.com published: “ARMOUR Residential REIT, Inc. Announces September 2018 Dividend of $0.19 Per Common Share” on August 27, 2018. More interesting news about ARMOUR Residential REIT, Inc. (NYSE:ARR) was released by: Globenewswire.com and their article: “Correcting and Replacing Armour Residential REIT, Inc. Reports Financial Results for the Quarter Ended June 30, 2018” with publication date: August 24, 2018.

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