Large Inflow of Money Witnessed in Western Asset Mortgage Capital Corporation

Western Asset Mortgage Capital Corporation (NYSE:WMC) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $0.53 million worth of transactions were on upticks, whereas, the downticks accounted for $0.41 million worth of transactions. The net money flow was a positive $0.12 million and the uptick to downtick ratio was 1.3. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 0.58 in their favor. The net money flow into the stock was $-0.07 million. The value of block trades done on downticks was only $0.17 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $0.1 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Western Asset Mortgage Capital Corporation (NYSE:WMC) was trading at $9.66, down $0.01 during day. The stock slid -0.1% over the previous days close. For the week, the stock recorded 3.54% over the previous weeks close.


In an insider trading activity, James Gavin L, CEO of Western Asset Mortgage Capital Corp, executed a transaction worth $11,103 on November 21, 2014. A total of 730 shares were purchased at an average price of $15.21. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 0.37% of Western Asset Mortgage Capital Corporation shares according to the proxy statements. Institutional Investors own 30.39% of Western Asset Mortgage Capital Corporation shares.

The company shares have dropped -36.26% from its 1 Year high price. On Jul 2, 2015, the shares registered one year high at $15.29 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $9.39 and the 200 Day Moving Average price is recorded at $9.90. Western Asset Mortgage Capital Corporation (NYSE:WMC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.60 and $9.52 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.74, notching a gain of 0.72% for the day. The total traded volume was 943,691 . The stock had closed at $9.67 on the previous day.

Western Asset Mortgage Capital Corporation is a specialty financial real estate investment trust (REIT) managing a diversified mortgage-market investment portfolio, including undervalued assets. The Companys is primarily focused on investing in, financing and managing Agency residential mortgage-backed securities (RMBS) (including To-Be-Announced securities (TBAs)), Non-Agency RMBS, and Agency and Non-Agency commercial mortgage-backed securities (CMBS). In addition, the Company also invests in other securities, including certain Agency obligations that are not technically mortgage-backed securities (MBS), as well as certain Non United States CMBS and asset-backed securities (ABS) investments secured by a portfolio private student loans and interests in residential whole-loans. The Company is externally managed and advised by Western Asset Management Company (the Manager).

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