Today MR. Cooper Group Inc (NASDAQ:COOP) Reported Decrease in Shorted Shares

The stock of MR. Cooper Group Inc (NASDAQ:COOP) registered a decrease of 18.71% in short interest. COOP’s total short interest was 2.17M shares in March as published by FINRA. Its down 18.71% from 2.67M shares, reported previously. With 362,600 shares average volume, it will take short sellers 6 days to cover their COOP’s short positions. The short interest to MR. Cooper Group Inc’s float is 3.52%.

The stock decreased 0.08% or $0.01 during the last trading session, reaching $12.42. About 424,964 shares traded. Mr. Cooper Group Inc. (NASDAQ:COOP) has declined 12.80% since March 14, 2018 and is downtrending. It has underperformed by 17.17% the S&P500.

Mr. Cooper Group Inc. provides servicing, origination, and transaction services related principally to single-family residences in the United States. The company has market cap of $1.13 billion. It offers home loan servicers focused on delivering various servicing and lending products, services, and technologies. It has a 0.54 P/E ratio. The firm provides technology and data enhanced solutions to homebuyers, home sellers, real estate agents, and mortgage companies.

More notable recent Mr. Cooper Group Inc. (NASDAQ:COOP) news were published by: Seekingalpha.com which released: “Mr. Cooper Group’s (COOP) CEO Jay Bray on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 08, 2018, also Nasdaq.com with their article: “Factors Setting the Tone for Apple’s (AAPL) Q1 Earnings – Nasdaq” published on January 24, 2019, Seekingalpha.com published: “Mr. Cooper Group Inc. (COOP) CEO Jay Bray on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on March 07, 2019. More interesting news about Mr. Cooper Group Inc. (NASDAQ:COOP) were released by: Streetinsider.com and their article: “Cooperman’s Omega Raises Cigna (CI), CVS (CVS); Lowers Google (GOOGL) (more…) – 13F – StreetInsider.com” published on February 14, 2019 as well as Nasdaq.com‘s news article titled: “Mr. Cooper Group To Buy Mortgage Servicing Division From IBM – Nasdaq” with publication date: January 03, 2019.

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