What Will Happen to Two Harbors Investment Corp (NYSE:TWO) Next? The Stock Has Increase in Shorts

October 13, 2018 - By Ellis Scott

Investors sentiment decreased to 0.2 in 2018 Q2. Its down 0.05, from 0.25 in 2018Q1. It is negative, as 5 investors sold Two Harbors Investment Corp. shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 48,697 shares or 80.11% less from 244,854 shares in 2018Q1 were reported.
Beck Capital Mgmt Limited Com holds 35,847 shares or 0.27% of its portfolio. Hudson Valley Adv holds 12,850 shares.

Since May 15, 2018, it had 1 buy, and 4 insider sales for $426,719 activity. Another trade for 16,141 shares valued at $250,991 was made by ROTH WILLIAM on Tuesday, May 15. Another trade for 9,966 shares valued at $154,971 was made by Farrell Brad on Tuesday, May 15. On Friday, August 17 the insider BENDER JAMES J sold $53,976. 5,000 shares valued at $77,041 were bought by SIERING THOMAS on Wednesday, August 15.

The stock of Two Harbors Investment Corp (NYSE:TWO) registered an increase of 2.62% in short interest. TWO’s total short interest was 5.70 million shares in October as published by FINRA. Its up 2.62% from 5.56 million shares, reported previously. With 1.41M shares average volume, it will take short sellers 4 days to cover their TWO’s short positions. The short interest to Two Harbors Investment Corp’s float is 2.32%.

The stock decreased 0.49% or $0.07 during the last trading session, reaching $14.21. About 2.51 million shares traded or 10.66% up from the average. Two Harbors Investment Corp. (NYSE:TWO) has declined 5.08% since October 13, 2017 and is downtrending. It has underperformed by 20.70% the S&P500.

Two Harbors Investment Corp. operates as a real estate investment trust that focuses on investing in, financing, and managing residential mortgage-backed securities (RMBS), mortgage servicing rights, commercial real estate assets, and other financial assets in the United States. The company has market cap of $3.53 billion. The company??s target assets include agency RMBS collateralized by fixed rate mortgage loans, adjustable rate mortgage loans, hybrid mortgage loans, or derivatives; and non-agency RMBS collateralized by prime mortgage loans, Alt-A mortgage loans, pay-option ARM mortgage loans, and subprime mortgage loans. It has a 3.89 P/E ratio. The Company’s target assets also comprise floating and fixed rate commercial real estate loans; and other assets, such as financial and mortgage-related assets, as well as residential mortgage loans and certain non-hedging transactions.

Two Harbors Investment Corp. (NYSE:TWO) Ratings Coverage

Among 4 analysts covering Two Harbors Investment (NYSE:TWO), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Two Harbors Investment had 4 analyst reports since April 27, 2018 according to SRatingsIntel. The firm has “Overweight” rating by JP Morgan given on Monday, July 23. The firm earned “Hold” rating on Tuesday, July 24 by Deutsche Bank. The rating was maintained by Maxim Group with “Buy” on Friday, April 27.

More recent Two Harbors Investment Corp. (NYSE:TWO) news were published by: Seekingalpha.com which released: “Two Harbors CFO Brad Farrell to resign” on October 05, 2018. Also Forbes.com published the news titled: “Next Up After NIO: Four Other Chinese EV Startups That Could Make A Splash” on September 27, 2018. Seekingalpha.com‘s news article titled: “Two Harbors Investment declares $0.311360 dividend” with publication date: September 20, 2018 was also an interesting one.

Two Harbors Investment Corp. (NYSE:TWO) Ratings Chart

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