Shares of Freddie Mac (OTC:FMCC - Get Free Report) fell 5.6% during mid-day trading on Monday . The stock traded as low as $5.14 and last traded at $5.42. 3,348,024 shares traded hands during trading, a decline of 47% from the average session volume of 6,287,735 shares. The stock had previously closed at $5.74.
Freddie Mac Trading Down 11.2 %
The company has a fifty day simple moving average of $5.56.
Freddie Mac Company Profile
(
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Federal Home Loan Mortgage Corporation operates in the secondary mortgage market in the United States. The company purchases single-family and multifamily residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through two segments, Single-family and Multifamily.
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