Invesco Mortgage Capital Inc. (NYSE:IVR) Short Interest Update

Invesco Mortgage Capital Inc. (NYSE:IVR - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 7,880,000 shares, an increase of 18.0% from the March 15th total of 6,680,000 shares. Approximately 12.1% of the company's stock are sold short. Based on an average trading volume of 1,930,000 shares, the short-interest ratio is presently 4.1 days.

Hedge Funds Weigh In On Invesco Mortgage Capital

Several hedge funds have recently added to or reduced their stakes in IVR. State Street Corp grew its position in shares of Invesco Mortgage Capital by 1.3% in the 3rd quarter. State Street Corp now owns 1,013,514 shares of the real estate investment trust's stock valued at $9,517,000 after buying an additional 12,557 shares during the last quarter. Barclays PLC boosted its stake in Invesco Mortgage Capital by 326.5% in the third quarter. Barclays PLC now owns 75,303 shares of the real estate investment trust's stock valued at $708,000 after acquiring an additional 57,649 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Invesco Mortgage Capital by 7.0% during the third quarter. Geode Capital Management LLC now owns 1,224,795 shares of the real estate investment trust's stock worth $11,504,000 after purchasing an additional 80,051 shares during the last quarter. McIlrath & Eck LLC acquired a new stake in shares of Invesco Mortgage Capital during the third quarter worth about $62,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Invesco Mortgage Capital by 134.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 141,974 shares of the real estate investment trust's stock valued at $1,333,000 after purchasing an additional 81,477 shares during the last quarter. 40.54% of the stock is currently owned by hedge funds and other institutional investors.

Invesco Mortgage Capital Stock Performance

Shares of NYSE:IVR traded up $0.21 during trading hours on Friday, reaching $7.28. The stock had a trading volume of 1,974,234 shares, compared to its average volume of 1,424,651. Invesco Mortgage Capital has a 1 year low of $5.86 and a 1 year high of $9.97. The firm's 50 day moving average is $7.89 and its 200-day moving average is $8.17. The stock has a market capitalization of $475.19 million, a price-to-earnings ratio of 11.20 and a beta of 1.43.

Invesco Mortgage Capital (NYSE:IVR - Get Free Report) last posted its earnings results on Thursday, February 20th. The real estate investment trust reported $0.53 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.21). The business had revenue of $13.68 million during the quarter, compared to analysts' expectations of $50.18 million. Invesco Mortgage Capital had a net margin of 20.90% and a return on equity of 34.61%. Analysts forecast that Invesco Mortgage Capital will post 2.49 EPS for the current year.

Invesco Mortgage Capital Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Monday, April 7th were paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 18.68%. The ex-dividend date of this dividend was Monday, April 7th. Invesco Mortgage Capital's payout ratio is 209.23%.

Wall Street Analysts Forecast Growth

Separately, JMP Securities reissued a "market perform" rating on shares of Invesco Mortgage Capital in a research note on Thursday, January 23rd.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.