Orchid Island Capital, Inc. (ORC) Has Bearish Multiple Bottom Trading At $7.74

June 27, 2018 - By Bridget Boland

During 2018 Q1 the big money sentiment increased to 1.82. That’s change of 0.51, from 2017Q4’s 1.31. 10 investors sold all, 12 reduced holdings as Orchid Island Capital, Inc. ratio increased. 25 increased positions while 15 funds acquired positions. Funds hold 14.77 million shares thus 14.36% more from 2017Q4’s 12.92 million shares.
Virtu Financial Ltd Liability Company reported 83,281 shs. Barclays Public Ltd Com owns 25,144 shs or 0% of their US capital. Susquehanna Grp Inc Llp stated it has 0% in Orchid Island Capital, Inc. (NYSE:ORC). Alliancebernstein L P holds 35,300 shs. Citigroup Inc accumulated 0% or 214,011 shs. Parametric Port Ltd Company reported 24,812 shs or 0% of all its holdings. 294,715 were accumulated by Jpmorgan Chase Company. Millennium Management Limited Liability Company holds 0% of its capital in Orchid Island Capital, Inc. (NYSE:ORC) for 91,683 shs. 77,275 were reported by California State Teachers Retirement System. 10,000 are owned by Asset Strategies. Gru reported 32,435 shs. 19,742 were reported by Credit Suisse Ag. Gru One Trading L P has 25,937 shs. Indexiq Advsr Lc has invested 0.01% in Orchid Island Capital, Inc. (NYSE:ORC). D E Shaw Incorporated owns 12,896 shs.

Orchid Island Capital, Inc. (ORC) formed multiple bottom. It has $7.04 target or $7.74 share price. Finviz.com featured it on Jun, 27. At $7.04 target, the company’s valuation could be $36.24M less.

The stock increased 0.26% or $0.02 during the last trading session, reaching $7.74.Orchid Island Capital, Inc. is downtrending after having declined 28.43% since June 27, 2017. ORC has 725,919 volume or 12.59% up from normal. ORC underperformed by 41.00% the S&P500.

Another two news for Orchid Island Capital, Inc. (NYSE:ORC) were briefly posted by: Seekingalpha.com on June 19, 2018 with title “19 ‘Safer’ Dividends From My Readers 36 Most Mentioned June Dividend Stocks”. The other Globenewswire.com‘s article was titled “Market Trends Toward New Normal in WisdomTree Investments, ePlus inc, Mettler-Toledo International, Lakeland, EP …” and posted on May 30, 2018.

Orchid Island Capital, Inc. (NYSE:ORC) Institutional Investors Chart

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