Invesco Mortgage Capital Inc. (NYSE:IVR) Short Interest Update

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

Analyst Ratings Changes

Separately, StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a research note on Monday, October 7th.

Institutional Investors Weigh In On Invesco Mortgage Capital

A number of large investors have recently made changes to their positions in IVR. Geode Capital Management LLC lifted its stake in Invesco Mortgage Capital by 7.0% in the third quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust’s stock worth $11,504,000 after acquiring an additional 80,051 shares during the period. State Street Corp raised its holdings in Invesco Mortgage Capital by 1.3% in the 3rd quarter. State Street Corp now owns 1,013,514 shares of the real estate investment trust’s stock worth $9,517,000 after purchasing an additional 12,557 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Invesco Mortgage Capital by 2.9% in the 2nd quarter. Renaissance Technologies LLC now owns 841,852 shares of the real estate investment trust’s stock worth $7,888,000 after purchasing an additional 23,900 shares during the period. Segall Bryant & Hamill LLC boosted its stake in shares of Invesco Mortgage Capital by 3.4% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 537,168 shares of the real estate investment trust’s stock valued at $5,044,000 after purchasing an additional 17,453 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Invesco Mortgage Capital by 7.0% during the third quarter. Van ECK Associates Corp now owns 491,433 shares of the real estate investment trust’s stock valued at $4,615,000 after buying an additional 32,359 shares during the period. 40.54% of the stock is currently owned by institutional investors.

Invesco Mortgage Capital Stock Up 0.7 %

Shares of Invesco Mortgage Capital stock traded up $0.06 on Friday, hitting $8.14. The stock had a trading volume of 922,247 shares, compared to its average volume of 1,400,920. Invesco Mortgage Capital has a one year low of $7.47 and a one year high of $9.97. The stock’s 50-day simple moving average is $8.23 and its two-hundred day simple moving average is $8.62. The stock has a market cap of $494.04 million, a price-to-earnings ratio of 6.78 and a beta of 1.86.

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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.11). The firm had revenue of $73.83 million during the quarter, compared to analysts’ expectations of $12.38 million. Invesco Mortgage Capital had a net margin of 30.67% and a return on equity of 36.90%. During the same quarter in the previous year, the firm posted $1.51 EPS. As a group, equities analysts predict that Invesco Mortgage Capital will post 3.06 EPS for the current fiscal year.

Invesco Mortgage Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Monday, December 30th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 19.67%. The ex-dividend date of this dividend is Monday, December 30th. Invesco Mortgage Capital’s dividend payout ratio (DPR) is currently 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.