Ellington Financial (EFC) News Today

JMP Securities decreased their price target on shares of Ellington Financial from $14.50 to $14.00 and set a "market outperform" rating on the stock in a report on Wednesday.

Ellington Financial Inc. (NYSE:EFC - Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 5,640,000 shares, an increase of 47.6% from the June 15th total of 3,820,000 shares. Based on an average daily trading volume, of 814,800 shares, the short-interest ratio is currently 6.9 days.

Mutual of America Capital Management LLC lowered its stake in shares of Ellington Financial Inc. (NYSE:EFC - Free Report) by 41.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 246,604 sh

Mirae Asset Global Investments Co. Ltd. lowered its holdings in Ellington Financial Inc. (NYSE:EFC - Free Report) by 56.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 665,318 shares of the financial services prov

Ellington Financial Inc. (NYSE:EFC) announced a monthly dividend on Monday, July 8th. Stockholders of record on Wednesday, July 31st will be paid a dividend of 0.13 per share by the financial services provider on Monday, August 26th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 12.66%. The ex-dividend date is Wednesday, July 31st.

Van ECK Associates Corp boosted its position in shares of Ellington Financial Inc. (NYSE:EFC - Free Report) by 12.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 568,453 shares of the financial services provider's

Ellington Financial Inc. (NYSE:EFC - Get Free Report) CIO Michael W. Vranos sold 5,900 shares of the business's stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $12.12, for a total value of $71,508.00. Following the completion of the sale, the executive now owns 179,655 shares of the company's stock, valued at approximately $2,177,418.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Ellington Financial Inc. (NYSE:EFC - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to

Ellington Financial Inc. (NYSE:EFC - Get Free Report) CIO Michael W. Vranos sold 8,300 shares of the firm's stock in a transaction dated Friday, June 14th. The stock was sold at an average price of $12.11, for a total value of $100,513.00. Following the transaction, the executive now owns 169,174 shares of the company's stock, valued at $2,048,697.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ellington Financial Inc. (NYSE:EFC - Get Free Report) saw a large growth in short interest in May. As of May 31st, there was short interest totalling 5,220,000 shares, a growth of 30.5% from the May 15th total of 4,000,000 shares. Based on an average daily volume of 831,000 shares, the short-interest ratio is currently 6.3 days.

Ellington Financial Inc. (NYSE:EFC) declared a monthly dividend on Tuesday, June 11th. Investors of record on Friday, June 28th will be given a dividend of 0.13 per share by the financial services provider on Thursday, July 25th. This represents a $1.56 dividend on an annualized basis and a yield of 13.11%. The ex-dividend date of this dividend is Friday, June 28th.

UBS Group AG increased its stake in shares of Ellington Financial Inc. (NYSE:EFC - Free Report) by 509.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 774,816 shares of the financial services provide

Charles Schwab Investment Management Inc. lifted its holdings in shares of Ellington Financial Inc. (NYSE:EFC - Free Report) by 20.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 658,398 shares of the financial services provider's stock after buying

Ellington Financial Inc. (NYSE:EFC) declared a monthly dividend on Wednesday, May 8th. Investors of record on Friday, May 31st will be paid a dividend of 0.13 per share by the financial services provider on Tuesday, June 25th. This represents a $1.56 annualized dividend and a dividend yield of 13.24%. The ex-dividend date of this dividend is Friday, May 31st.

Van ECK Associates Corp boosted its position in shares of Ellington Financial Inc. (NYSE:EFC - Free Report) by 18.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 504,910 shares of the financial services provid

Ellington Financial (NYSE:EFC) will be releasing earnings after the market closes on Tuesday, May 7, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=589523)

Jonestrading began coverage on Ellington Financial in a research note on Friday. They issued a "hold" rating on the stock.

JMP Securities reiterated a "market outperform" rating and set a $14.50 price target on shares of Ellington Financial in a report on Thursday.

Ellington Financial Inc. (NYSE:EFC - Get Free Report) has been given an average recommendation of "Moderate Buy" by the four analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and three have assigned a buy recommend

StockNews.com downgraded shares of Ellington Financial from a "hold" rating to a "sell" rating in a report on Wednesday.