Short Interest in Invesco Mortgage Capital Inc. (NYSE:IVR) Grows By 12.6%

Invesco Mortgage Capital Inc. (NYSE:IVR) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 4,480,000 shares, an increase of 12.6% from the April 15th total of 3,980,000 shares. Based on an average trading volume of 944,200 shares, the short-interest ratio is currently 4.7 days. Approximately 9.3% of the shares of the stock are sold short.

Invesco Mortgage Capital Stock Performance

IVR traded down $0.03 during midday trading on Friday, reaching $9.37. 154,100 shares of the company’s stock were exchanged, compared to its average volume of 928,111. The business’s 50-day moving average price is $9.01 and its 200 day moving average price is $8.71. Invesco Mortgage Capital has a 1-year low of $6.34 and a 1-year high of $12.37.

Invesco Mortgage Capital Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 26th. Investors of record on Monday, April 8th were given a dividend of $0.40 per share. The ex-dividend date was Friday, April 5th. This represents a $1.60 annualized dividend and a dividend yield of 17.08%. Invesco Mortgage Capital’s dividend payout ratio is currently -228.57%.

Analyst Ratings Changes

Separately, StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research note on Thursday.

Institutional Investors Weigh In On Invesco Mortgage Capital

A number of large investors have recently bought and sold shares of IVR. Global Retirement Partners LLC lifted its stake in shares of Invesco Mortgage Capital by 100.1% during the first quarter. Global Retirement Partners LLC now owns 4,847 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 2,425 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Invesco Mortgage Capital by 63.6% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,207 shares of the real estate investment trust’s stock worth $82,000 after purchasing an additional 3,192 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Invesco Mortgage Capital by 500.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 9,052 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 7,544 shares during the period. Valley Brook Capital Group Inc. acquired a new position in Invesco Mortgage Capital in the fourth quarter valued at $91,000. Finally, Allspring Global Investments Holdings LLC lifted its position in Invesco Mortgage Capital by 24.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 13,351 shares of the real estate investment trust’s stock worth $134,000 after buying an additional 2,662 shares during the period. Institutional investors and hedge funds own 40.54% of the company’s stock.

Invesco Mortgage Capital Company Profile

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.