Short Interest in Invesco Mortgage Capital Inc. (NYSE:IVR) Expands By 52.0%

Invesco Mortgage Capital Inc. (NYSE:IVR) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,540,000 shares, a growth of 52.0% from the December 15th total of 4,960,000 shares. Based on an average daily trading volume, of 1,330,000 shares, the days-to-cover ratio is presently 5.7 days. Approximately 12.5% of the company’s shares are short sold.

Institutional Investors Weigh In On Invesco Mortgage Capital

Institutional investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new stake in shares of Invesco Mortgage Capital in the 2nd quarter valued at about $33,000. McIlrath & Eck LLC bought a new position in shares of Invesco Mortgage Capital during the third quarter worth about $62,000. Zacks Investment Management acquired a new stake in Invesco Mortgage Capital in the 3rd quarter valued at approximately $94,000. 180 Wealth Advisors LLC lifted its stake in Invesco Mortgage Capital by 22.1% in the 4th quarter. 180 Wealth Advisors LLC now owns 14,026 shares of the real estate investment trust’s stock valued at $113,000 after acquiring an additional 2,542 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in Invesco Mortgage Capital during the 3rd quarter worth approximately $121,000. 40.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Monday, October 7th.

Invesco Mortgage Capital Stock Up 0.7 %

Invesco Mortgage Capital stock traded up $0.06 during mid-day trading on Friday, hitting $8.14. 922,247 shares of the company’s stock were exchanged, compared to its average volume of 1,400,920. The company’s 50 day simple moving average is $8.23 and its 200-day simple moving average is $8.62. The firm has a market capitalization of $494.04 million, a P/E ratio of 6.78 and a beta of 1.86. Invesco Mortgage Capital has a fifty-two week low of $7.47 and a fifty-two week high of $9.97.

Invesco Mortgage Capital (NYSE:IVR) last released its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.11). Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. The business had revenue of $73.83 million for the quarter, compared to the consensus estimate of $12.38 million. During the same quarter last year, the firm earned $1.51 EPS. Research analysts expect that Invesco Mortgage Capital will post 3.06 EPS for the current year.

Invesco Mortgage Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 30th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 19.67%. The ex-dividend date of this dividend is Monday, December 30th. Invesco Mortgage Capital’s dividend payout ratio is 133.33%.

About Invesco Mortgage Capital

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.