Invesco Mortgage Capital Inc. (NYSE:IVR) Short Interest Up 9.2% in November

Invesco Mortgage Capital Inc. (NYSE:IVR) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 4,740,000 shares, an increase of 9.2% from the October 31st total of 4,340,000 shares. Based on an average daily trading volume, of 1,260,000 shares, the short-interest ratio is presently 3.8 days. Currently, 7.8% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco Mortgage Capital

A number of institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Invesco Mortgage Capital in the 2nd quarter worth about $26,000. Headlands Technologies LLC bought a new stake in Invesco Mortgage Capital during the second quarter worth $33,000. McIlrath & Eck LLC purchased a new stake in Invesco Mortgage Capital in the 3rd quarter valued at $62,000. Zacks Investment Management bought a new position in Invesco Mortgage Capital during the 3rd quarter valued at $94,000. Finally, 180 Wealth Advisors LLC purchased a new position in Invesco Mortgage Capital during the 2nd quarter worth $102,000. 40.54% of the stock is owned by institutional investors and hedge funds.

Invesco Mortgage Capital Stock Down 1.3 %

IVR traded down $0.11 during trading on Tuesday, hitting $8.28. The company’s stock had a trading volume of 1,200,653 shares, compared to its average volume of 1,080,004. The firm has a market capitalization of $502.84 million, a P/E ratio of 6.90 and a beta of 1.89. Invesco Mortgage Capital has a twelve month low of $7.60 and a twelve month high of $9.97. The stock’s fifty day moving average price is $8.49 and its 200-day moving average price is $8.86.

Invesco Mortgage Capital (NYSE:IVR) last released its earnings results on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $73.83 million for the quarter, compared to analyst estimates of $12.38 million. During the same quarter in the previous year, the firm earned $1.51 EPS. Equities research analysts expect that Invesco Mortgage Capital will post 3.06 EPS for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Monday, October 7th were paid a $0.40 dividend. The ex-dividend date was Monday, October 7th. This represents a $1.60 dividend on an annualized basis and a yield of 19.32%. Invesco Mortgage Capital’s dividend payout ratio (DPR) is presently 133.33%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. JMP Securities reiterated a “market perform” rating on shares of Invesco Mortgage Capital in a report on Wednesday, August 28th. StockNews.com upgraded shares of Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research report on Monday, October 7th.

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.