Chimera Investment Corporation (CIM) Shares are Up 2.76%

Chimera Investment Corporation (CIM) : Traders are bullish on Chimera Investment Corporation (CIM) as it has outperformed the S&P 500 by a wide margin of 3.41% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.82%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.76% in the last 1 week, and is up 6.88% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.39% and the 50-Day Moving Average is 9.31%. Chimera Investment Corporation is up 21.93% in the last 3-month period. Year-to-Date the stock performance stands at 36.38%.


Chimera Investment Corporation (NYSE:CIM): stock turned positive on Friday. Though the stock opened at $16.7, the bulls momentum made the stock top out at $16.79 level for the day. The stock recorded a low of $16.57 and closed the trading day at $16.78, in the green by 0.48%. The total traded volume for the day was 1,718,975. The stock had closed at $16.7 in the previous days trading.

Chimera Investment Corporation is a specialty finance company. The Company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes. The Company is externally managed by Fixed Income Discount Advisory Company.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *