Federal National Mortgage Association (OTCMKTS:FNMA) Short Interest Update

Federal National Mortgage Association (OTCMKTS:FNMA) saw a large growth in short interest in 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 trading volume, of 64,898,900 shares, the days-to-cover ratio is currently 0.1 days.

Federal National Mortgage Association Price Performance

FNMA traded down $0.03 during mid-day trading on Friday, reaching $3.13. 3,761,100 shares of the company traded hands, compared to its average volume of 5,609,172. Federal National Mortgage Association has a 52-week low of $0.70 and a 52-week high of $3.65. The company’s fifty day moving average price is $1.90 and its 200-day moving average price is $1.54.

Federal National Mortgage Association (OTCMKTS:FNMA) last released its quarterly earnings data on Thursday, October 31st. The financial services provider reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.05. Federal National Mortgage Association had a negative return on equity of 30.10% and a net margin of 11.22%. The firm had revenue of $38.14 billion during the quarter, compared to the consensus estimate of $7.17 billion.

About Federal National Mortgage Association

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.