Federal Home Loan Mortgage Co. (OTCMKTS:FMCC) Short Interest Update

Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 4,245,500 shares, a decline of 46.2% from the March 15th total of 7,895,900 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,248,600 shares, the short-interest ratio is currently 0.6 days.

Federal Home Loan Mortgage Price Performance

FMCC stock traded up $0.06 during midday trading on Friday, reaching $5.18. 896,647 shares of the stock were exchanged, compared to its average volume of 5,796,733. Federal Home Loan Mortgage has a 52 week low of $0.94 and a 52 week high of $7.15. The company has a fifty day moving average price of $5.41 and a 200 day moving average price of $3.95. The stock has a market capitalization of $3.37 billion, a PE ratio of -86.32 and a beta of 1.83.

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

Wall Street Analysts Forecast Growth

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

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.