Orchid Island Capital Incorporated (NYSE:ORC) Reports Decline in Sellers; Strong Momentum for Longs

August 31, 2017 - By Adrian Mccoy

 Orchid Island Capital Incorporated (NYSE:ORC) Reports Decline in Sellers; Strong Momentum for Longs

Investors sentiment increased to 2.29 in Q4 2016. Its up 0.47, from 1.82 in 2016Q3. It increased, as 7 investors sold Orchid Island Capital Inc shares while 10 reduced holdings. 13 funds opened positions while 26 raised stakes. 10.47 million shares or 101.13% more from 5.20 million shares in 2016Q3 were reported.
Legal General Grp Incorporated Public Ltd Com reported 3,717 shares. Credit Suisse Ag has 140,279 shares. Deutsche National Bank Ag reported 0.01% of its portfolio in Orchid Island Capital Inc (NYSE:ORC). Commonwealth Equity Service accumulated 36,696 shares. Loomis Sayles And Limited Partnership reported 0% in Orchid Island Capital Inc (NYSE:ORC). Metropolitan Life Com Ny holds 16,384 shares. Gsa Prns Ltd Liability Partnership has invested 0.05% of its portfolio in Orchid Island Capital Inc (NYSE:ORC). Bnp Paribas Arbitrage Sa, a New York-based fund reported 1,348 shares. Manufacturers Life Insur Company The has 0% invested in Orchid Island Capital Inc (NYSE:ORC) for 16,916 shares. 86,451 are held by Cetera Advsr Limited Liability Co. Lpl Lc accumulated 22,584 shares. Indexiq Limited Liability Company reported 23,810 shares or 0.01% of all its holdings. Fincl Bank Of Mellon Corporation stated it has 95,040 shares or 0% of all its holdings. Century reported 137,985 shares stake. Sterling Capital Lc stated it has 0.01% of its portfolio in Orchid Island Capital Inc (NYSE:ORC).

Since March 2, 2017, it had 1 buying transaction, and 1 sale for $113,809 activity. FILIPPS FRANK P had bought 3,000 shares worth $28,320 on Thursday, March 2. The insider Parker Ava L sold $113,967. The insider HEUVELEN JOHN VAN bought $939,790.

The stock of Orchid Island Capital Incorporated (NYSE:ORC) registered a decrease of 33.96% in short interest. ORC’s total short interest was 2.88 million shares in August as published by FINRA. Its down 33.96% from 4.36 million shares, reported previously. With 1.03M shares average volume, it will take short sellers 3 days to cover their ORC’s short positions.

About 12,177 shares traded. Orchid Island Capital Inc (NYSE:ORC) has 0.00% since August 31, 2016 and is . It has underperformed by 16.70% the S&P500.

Orchid Island Capital, Inc. is a specialty finance firm that invests in residential mortgage-backed securities . The company has market cap of $438.09 million. The Company’s business objective is to provide attractive risk-adjusted total returns to its investors over the long term through a combination of capital appreciation and the payment of regular monthly distributions. It currently has negative earnings. The Company’s portfolio consists of two categories of Agency RMBS: pass-through Agency RMBS and structured Agency RMBS.

More notable recent Orchid Island Capital Inc (NYSE:ORC) news were published by: Seekingalpha.com which released: “Orchid Island Capital’s Dividend Projection For August-October 2017” on August 08, 2017, also Nasdaq.com with their article: “Orchid Island Capital About To Put More Money In Your Pocket” published on August 25, 2017, Nasdaq.com published: “Orchid Island Capital, Inc. (ORC) Ex-Dividend Date Scheduled for July 27, 2017” on July 26, 2017. More interesting news about Orchid Island Capital Inc (NYSE:ORC) were released by: Nasdaq.com and their article: “Orchid Island Capital, Inc. (ORC) Ex-Dividend Date Scheduled for June 28, 2017” published on June 27, 2017 as well as Globenewswire.com‘s news article titled: “Orchid Island Capital Announces July 2017 Monthly Dividend and June 30, 2017 …” with publication date: July 12, 2017.

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