Federal Home Loan Mortgage Co. (OTCMKTS:FMCC) Short Interest Down 37.3% in March

Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 7,895,900 shares, a decrease of 37.3% from the February 28th total of 12,584,900 shares. Based on an average trading volume of 8,634,700 shares, the short-interest ratio is presently 0.9 days. Currently, 1.2% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered Federal Home Loan Mortgage from a "market perform" rating to an "underperform" rating and lifted their price objective for the stock from $4.00 to $4.50 in a research report on Monday, January 27th.

Federal Home Loan Mortgage Price Performance

OTCMKTS:FMCC traded down $0.10 on Wednesday, reaching $5.61. 1,279,516 shares of the company's stock were exchanged, compared to its average volume of 6,155,979. The firm has a market cap of $3.65 billion, a price-to-earnings ratio of -93.48 and a beta of 2.05. The stock has a fifty day simple moving average of $5.58 and a 200-day simple moving average of $3.60. Federal Home Loan Mortgage has a 52 week low of $0.94 and a 52 week high of $7.15.

Federal Home Loan Mortgage (OTCMKTS:FMCC - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.01 earnings per share (EPS) for the quarter. Federal Home Loan Mortgage had a negative return on equity of 33.18% and a net margin of 9.74%. The company had revenue of $6.33 billion for the quarter.

Federal Home Loan Mortgage Company Profile

Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit and market risk, as well as manages mortgage-related investments portfolio, single-family securitization activities, and treasury functions.