FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA)’s Trend Up, Especially After Decreased Shorts

April 17, 2018 - By Graig Alexander

Federal National Mortgage Association (OTCMKTS:FNMA) Logo

Investors sentiment decreased to 0.43 in Q4 2017. Its down 0.40, from 0.83 in 2017Q3. It dropped, as 5 investors sold Federal National Mortgage Association shares while 2 reduced holdings. 2 funds opened positions while 1 raised stakes. 1.39 million shares or 4.77% less from 1.46 million shares in 2017Q3 were reported.
Van Hulzen Asset Mgmt Limited Liability Corporation stated it has 61,050 shares or 0.05% of all its holdings. 30,000 were accumulated by Lodestar Invest Counsel Ltd Il. Rhumbline Advisers owns 63,500 shares. Eubel Brady And Suttman Asset Mngmt Inc reported 0.02% stake. Parkwood holds 0.26% of its portfolio in Federal National Mortgage Association (OTCMKTS:FNMA) for 735,000 shares. 442 were accumulated by Winch Advisory Svcs Ltd Liability Company. 200 are owned by Bartlett And Co Limited Co. Vnbtrust National Association invested in 257,140 shares or 0.4% of the stock. Capwealth Lc reported 102,750 shares or 0.05% of all its holdings.

The stock of FEDERAL NATIONAL MORTGAGE ASSOCIATION (OTCMKTS:FNMA) registered a decrease of 23.5% in short interest. FNMA’s total short interest was 22.83 million shares in April as published by FINRA. Its down 23.5% from 29.84 million shares, reported previously. With 8.14 million shares average volume, it will take short sellers 3 days to cover their FNMA’s short positions. The short interest to FEDERAL NATIONAL MORTGAGE ASSOCIATION’s float is 1.97%.

The stock increased 0.33% or $0.005 during the last trading session, reaching $1.535. About 1.38 million shares traded. Federal National Mortgage Association (OTCMKTS:FNMA) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Federal National Mortgage Association provides liquidity and stability support services for the mortgage market in the United States. The company has market cap of $8.81 billion. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities . It currently has negative earnings. The firm operates through two divisions, Single-Family and Multifamily.

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