Orchid Island Capital, Inc. (NYSE:ORC) Sees Large Decline in Short Interest
MarketBeat
Orchid Island Capital, Inc. (NYSE:ORC - Get Free Report) saw a large decline in short interest in May. As of May 15th, there was short interest totalling 4,520,000 shares, a decline of 35.1% from the April 30th total of 6,960,000 shares. Based on an average daily volume of 3,970,000 shares, the short-interest ratio is currently 1.1 days. Approximately 4.9% of the shares of the stock are sold short.
NYSE:ORC
