Short Interest in Federal Home Loan Mortgage Co. (OTCMKTS:FMCC) Drops By 8.1%

Federal Home Loan Mortgage Co. (OTCMKTS:FMCC - Get Free Report) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 16,024,200 shares, a decrease of 8.1% from the January 15th total of 17,427,500 shares. Based on an average trading volume of 13,640,200 shares, the short-interest ratio is currently 1.2 days.

Analyst Ratings Changes

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

Federal Home Loan Mortgage Trading Down 3.2 %

FMCC traded down $0.21 on Friday, hitting $6.29. 7,378,870 shares of the company were exchanged, compared to its average volume of 8,135,275. The firm has a 50-day moving average price of $4.85 and a two-hundred day moving average price of $2.76. Federal Home Loan Mortgage has a twelve month low of $0.94 and a twelve month high of $7.15. The company has a market cap of $4.09 billion, a price-to-earnings ratio of -104.82 and a beta of 2.09.

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

About Federal Home Loan Mortgage

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.