Anworth Mortgage Asset Corporation (ANH) : Traders are getting increasingly bearish on Anworth Mortgage Asset Corporation (ANH), as can be seen in the addition of short positions from 3,000,261 on Jul 29, 2016, to 3,003,375 on August 15, 2016. The net change in shorts is 3,114 shares, an increase of 0.1%. 6 days remain before the expiry. The 3.2% of outstanding short positions on the stock compared to its float, shows that traders expect the stock to fall from the current levels. The daily volume of the stock is 519,146. The short interest information was released on Wednesday Aug 24th after the market close.
Anworth Mortgage Asset Corporation (NYSE:ANH): The stock was completely flat for the day, closing at $4.94 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $4.93, the stock touched an intraday high of $4.95 and a low of $4.90. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $4.94. The total trading volume on Wednesday was 280,527.
In a related news, Ault Lee A Iii, director of Anworth Mortgage Asset Corp, executed a transaction worth $191,060 on November 5, 2015. A total of 41,000 shares were purchased at an average price of $4.66. 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.
Anworth Mortgage Asset Corporation is a real estate investment trust. The Company invests in, finances and manages a portfolio of residential mortgage-backed securities, which are agency mortgage-backed securities. It also owns non-agency mortgage-backed securities issued by companies that are not guaranteed by federally sponsored enterprises and that are secured primarily by first-lien residential mortgage loans. Its investment objective is to provide total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its focus is to invest primarily in mortgage-backed securities (MBS). It also has a small portfolio of residential real estate properties, which the Company leases to tenants. It owns around 79 single-family residential properties. Its subsidiaries include Qualified REIT Subsidiary (QRS), Anworth Properties, Inc., and Anworth Property Services, Inc. It is managed and advised by Anworth Management, LLC.