Short Interest in Federal National Mortgage Association (OTCMKTS:FNMA) Expands By 61.9%

Federal National Mortgage Association (OTCMKTS:FNMA) was the target of a large growth in short interest during 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 short-interest ratio is currently 0.1 days.

Federal National Mortgage Association Trading Down 4.5 %

Shares of OTCMKTS:FNMA opened at $3.16 on Friday. Federal National Mortgage Association has a 1-year low of $0.70 and a 1-year high of $3.65. The firm has a fifty day moving average price of $1.83 and a 200 day moving average price of $1.52.

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

Federal National Mortgage Association Company Profile

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.