Shares are trading at $5.59 slightly below the 50 day moving average of $6.01 and marginally under the 200 day moving average of $6.01. The 50 day moving average was down $-0.42 or -7.02% and the 200 day average went down $-0.42 or -6.99%. Trading was heavy with 1,122K shares changing hands in the last trading session. Trading volume was up 119.50% over the stocks average daily volume.
Traders are a little more bearish on Anworth Mortgage Asset Corporat as indicated by the increase in short interest. The stock had a rise in short interest from September 29, 2017 to October 13, 2017 of 20.14%. Short shares increased 331,022 over that period. The short-interest ratio increased to 5.0 and the short interest percentage is 0.02% as of October 13.
A few notable investment firms have updated their holdings. As of the end of the quarter Raymond James Financial Services Advisors, Inc. had bought 1,000 shares growing its position 4.5%. The value of the investment in Anworth Mortgage Asset Corporat went from $134,000 to $140,000 a change of $6,000 since the last quarter. Aperio Group, LLC divested its investment by shedding 3,238 shares a decrease of 4.0% from 06/30/2017 to 09/30/2017. Aperio Group, LLC claims 76,957 shares valued at $463,000. The total value of its holdings decreased 3.9%.
Simplex Trading, LLC expanded its position by buying 21 shares an increase of 23.6% as of 09/30/2017. Simplex Trading, LLC owns 110 shares with a value of $0. The value of the position overall is down by nan%. Ifc Holdings Incorporated/fl grew its holdings by buying 857 shares an increase of 7.5% in the quarter. Ifc Holdings Incorporated/fl controls 12,326 shares worth $74,000. The total value of its holdings increased 7.2%.
The company is trading down since yesterday’s close of $5.59. The company declared a dividend that was paid on Friday the 27th of October 2017. The dividend was $0.150 per share for the quarter which comes to $0.60 on an annualized basis. The dividend yield was $10.42. The ex-dividend date was set for Thursday the 28th of September 2017.
The P/E ratio is 8.83 and market capitalization is 545.31M. As of the last earnings report the EPS was $0.63 and is projected to be $0.53 for the current year with 97,551,000 shares presently outstanding. Next quarter’s EPS is forecasted at $0.13 with next year’s EPS projected to be $0.50.
Anworth Mortgage Asset Corporation, launched on October 16, 1997, is a real estate investment trust (REIT). The Business’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties. Its principal business objective is to generate net income for distribution to its stockholders primarily based upon the spread between the interest income on its mortgage assets and its borrowing costs to finance its acquisition of those assets. The Company finances residential mortgage loans through asset-backed securities, which are issued by the consolidated securitization trusts. The Company also has a small portfolio of residential real estate properties, which the Company leases to tenants. The Company is involved in investing in, financing and managing a portfolio of residential mortgage-backed securities and residential mortgage loans..