Short Interest Update on CYS Investments (CYS)

CYS Investments (CYS) : The traders have covered their outstanding shorts in CYS Investments (CYS) to the tune of -336,597 shares, a change of -8.5%. As on Jul 29, 2016, the outstanding shorts on the stock were 3,972,164 shares, however, by August 15, 2016, the shorts had reduced to 3,635,567 shares. The covering shows that the traders dont believe that a large downside exists in the stock from current levels. The open short positions equal 2.4% of the free float of the stock. It takes 3 days to cover the outstanding short positions. The stock has an average daily volume of 1,062,891 shares. The short interest information was released on Wednesday Aug 24th after the market close.

CYS Investments (NYSE:CYS): The stock opened at $9.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $9.00 for the day. The stock traded down to $8.93 during the day, due to lack of any buying support eventually closed down at $8.97 with a loss of -0.33% for the day. The stock had closed at $9.00 on the previous day. The total traded volume was 757,169 shares.


In a related news, The Securities and Exchange Commission has divulged that Tyson David A, director of Cys Investments, Inc., had unloaded 3,500 shares at an average price of $8.04 in a transaction dated on April 29, 2016. The total value of the transaction was worth $28,140.

CYS Investments, Inc. is a specialty finance company. The Company invests in agency residential mortgage-backed security (Agency RMBS) collateralized by fixed rate single-family residential mortgage loans (primarily 10, 15, 20 or 30 years), and adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period (three, five, seven or 10 years). It invests principally in Agency RMBS, which are residential mortgage pass-through securities, the principal and interest of which are guaranteed by Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or Government National Mortgage Association (Ginnie Mae). In addition to Agency RMBS, the Company invests in the United States Treasuries.

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