MFA Financial June 15th Short Interest Update

MFA Financial (NYSE:MFA) has shown a drop of 4.8% or 551,937 shares in the short positions. The bets have increased to 11,061,424 shares on June 15,2016 from 11,613,361 shares on May 31,2016. With respect to the floated shares, the shorts are 3%. The days to cover are calculated to be 8, using the standard per day volume of 1,386,408 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

MFA Financial (NYSE:MFA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $6.87 and $6.83 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $7.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $6.99, notching a gain of 0.14% for the day. The total traded volume was 6,054,951 . The stock had closed at $6.98 on the previous day.

The company shares have dropped -5.80% from its 1 Year high price. On Jul 8, 2015, the shares registered one year high at $7.80 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $7.17 and the 200 Day Moving Average price is recorded at $6.79.

MFA Financial (NYSE:MFA) has tumbled 3.85% during the past week and has dropped 2.78% in the last 4 week period. The stocks have underperformed the S&P 500 by 2.26% during the past week but MFA Financial (NYSE:MFA) it has outperformed the index in 4 weeks by 0.16%.

MFA Financial, Inc. is a real estate investment trust (REIT). The Company is engaged in the real estate finance business.The Company, through subsidiaries, invests in residential mortgage assets, including Agency mortgage backed securities (MBS), Non-Agency MBS and residential whole loans. The Companys business objective is to deliver shareholder value through the generation of distributable income and through asset performance linked to residential mortgage credit fundamentals. The Companys Agency MBS portfolio consists of Hybrids, 15-year fixed-rate mortgages and adjustable-rate mortgages (ARMs). The Hybrid loans have initial a fixed-rate periods at origination of three, five, seven or 10 years. The Non-Agency MBS portfolio primarily consists of Legacy Non-Agency MBS and MBS collateralized by re-performing and non-performing loans (RPL/NPL MBS).

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