Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 4,262,800 shares, a growth of 61.9% from the October 31st total of 2,632,700 shares. Based on an average daily volume of 64,898,900 shares, the days-to-cover ratio is currently 0.1 days.
Federal National Mortgage Association Stock Performance
Shares of Federal National Mortgage Association stock traded down $0.03 during trading hours on Friday, hitting $3.13. The company's stock had a trading volume of 3,761,100 shares, compared to its average volume of 5,609,172. The firm has a fifty day moving average of $1.87 and a 200-day moving average of $1.53. Federal National Mortgage Association has a twelve month low of $0.70 and a twelve month high of $3.65.
Federal National Mortgage Association (OTCMKTS:FNMA - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.69 EPS for the quarter, topping the consensus estimate of $0.64 by $0.05. Federal National Mortgage Association had a net margin of 11.22% and a negative return on equity of 30.10%. The firm had revenue of $38.14 billion for the quarter, compared to analyst estimates of $7.17 billion.
About Federal National Mortgage Association
(
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Federal National Mortgage Association provides financing solutions for mortgages in the United States. It operates through two segments, Single-Family and Multifamily. The Single-Family segment securitizes and purchases single-family fixed-rate or adjustable-rate, first-lien mortgage loans, or mortgage-related securities backed by these loans; and loans that are insured by Federal Housing Administration, loans guaranteed by the Department of Veterans Affairs and Rural Development Housing and Community Facilities Program of the U.S.
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