Does Arlington Asset Investment Corp Class A (new) (NYSE:AI) Have Gas After Even More Sellers Involved?

April 17, 2018 - By reb123z

Arlington Asset Investment Corp. (NYSE:AI) Logo

The stock of Arlington Asset Investment Corp Class A (new) (NYSE:AI) registered an increase of 3.59% in short interest. AI’s total short interest was 3.35M shares in April as published by FINRA. Its up 3.59% from 3.24M shares, reported previously. With 701,100 shares average volume, it will take short sellers 5 days to cover their AI’s short positions.

The stock increased 0.67% or $0.07 during the last trading session, reaching $11.26. About 171,180 shares traded. Arlington Asset Investment Corp. (NYSE:AI) has declined 19.38% since April 17, 2017 and is downtrending. It has underperformed by 30.93% the S&P500.

Arlington Asset Investment Corp., an investment firm, acquires mortgage-related and other assets. The company has market cap of $317.39 million. The firm acquires on a leveraged basis residential mortgage-backed securities that are issued by the United States (U.S.) government agency, or guaranteed as to principal and interest by U.S. government agencies, or U.S. government-sponsored entities. It has a 17.05 P/E ratio. It also acquires MBS issued by private organizations.

Arlington Asset Investment Corp. (NYSE:AI) Ratings Coverage

Among 3 analysts covering Arlington Asset Investment (NYSE:AI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Arlington Asset Investment had 6 analyst reports since October 25, 2017 according to SRatingsIntel. Maxim Group maintained the shares of AI in report on Wednesday, October 25 with “Buy” rating. The stock has “Buy” rating by Maxim Group on Thursday, February 8. As per Wednesday, January 10, the company rating was maintained by Maxim Group. B. Riley & Co maintained Arlington Asset Investment Corp. (NYSE:AI) on Friday, February 9 with “Neutral” rating.

Arlington Asset Investment Corp. (NYSE:AI) Institutional Positions Chart

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