Could Two Harbors Investment Corp (NYSE:TWO) See a Reversal After More Sellers Came In?

Investors sentiment increased to Infinity in Q1 2019. Its up Infinity, from 1 in 2018Q4. It is positive, as 0 investors sold Two Harbors Investment Corp. shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 63,826 shares or 107.56% more from 30,750 shares in 2018Q4 were reported.
Ruggie Capital Group reported 1,163 shares or 0.02% of all its holdings. 12,850 were reported by Hudson Valley Investment Advsrs Incorporated Adv. Prudential Public Limited Liability Company stated it has 17,900 shares.

Since August 22, 2019, it had 1 buying transaction, and 0 insider sales for $74,476 activity.

The stock of Two Harbors Investment Corp (NYSE:TWO) registered an increase of 26.5% in short interest. TWO’s total short interest was 9.64 million shares in September as published by FINRA. Its up 26.5% from 7.62 million shares, reported previously. With 2.97 million shares average volume, it will take short sellers 3 days to cover their TWO’s short positions. The short interest to Two Harbors Investment Corp’s float is 3.92%.

The stock increased 0.08% or $0.01 during the last trading session, reaching $13.32. About 882,494 shares traded. Two Harbors Investment Corp. (NYSE:TWO) has declined 13.72% since September 11, 2018 and is downtrending. It has underperformed by 13.72% 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 $3.52 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 currently has negative earnings. 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 2 analysts covering Two Harbors Investment (NYSE:TWO), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Two Harbors Investment has $15 highest and $13.5000 lowest target. $14.25’s average target is 6.98% above currents $13.32 stock price. Two Harbors Investment had 4 analyst reports since March 27, 2019 according to SRatingsIntel. On Wednesday, July 24 the stock rating was maintained by JP Morgan with “Overweight”. On Thursday, June 20 the stock rating was maintained by Maxim Group with “Buy”.

More notable recent Two Harbors Investment Corp. (NYSE:TWO) news were published by: Finance.Yahoo.com which released: “Is Simpson Manufacturing Co., Inc.’s (NYSE:SSD) 14% ROE Strong Compared To Its Industry? – Yahoo Finance” on September 10, 2019, also Finance.Yahoo.com with their article: “If You Had Bought Two Harbors Investment (NYSE:TWO) Shares Five Years Ago You’d Have A Total Return Of 42% – Yahoo Finance” published on April 26, 2019, Businesswire.com published: “Two Harbors Investment Corp. to Present at the 2019 Barclays Global Financial Services Conference – Business Wire” on August 26, 2019. More interesting news about Two Harbors Investment Corp. (NYSE:TWO) were released by: Bizjournals.com and their article: “Tektronix parent splits into two companies for the second time – Portland Business Journal” published on September 04, 2019 as well as Seekingalpha.com‘s news article titled: “Hershey: A 10-Year, Full-Cycle Analysis – Seeking Alpha” with publication date: September 11, 2019.

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

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