Federal Home Loan Mortgage Co. (OTCMKTS:FMCC – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 4,998,600 shares, a decrease of 7.1% from the March 15th total of 5,381,900 shares. Based on an average daily volume of 8,270,500 shares, the days-to-cover ratio is presently 0.6 days.
Federal Home Loan Mortgage Stock Performance
Federal Home Loan Mortgage stock opened at $1.30 on Thursday. The business has a 50 day simple moving average of $1.26 and a 200-day simple moving average of $0.92. Federal Home Loan Mortgage has a 12 month low of $0.40 and a 12 month high of $1.75.
Federal Home Loan Mortgage (OTCMKTS:FMCC – Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $5.37 billion during the quarter. Federal Home Loan Mortgage had a negative return on equity of 24.28% and a net margin of 9.75%.
Analysts Set New Price Targets
View Our Latest Analysis on FMCC
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.
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