Short Interest in Federal Home Loan Mortgage Co. (OTCMKTS:FMCC) Increases By 15.6%

Posted by Eileen French on Jan 19th, 2025

Federal Home Loan Mortgage Co. (OTCMKTS:FMCC – Get Free Report) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 18,368,900 shares, an increase of 15.6% from the December 15th total of 15,887,300 shares. Based on an average daily trading volume, of 8,524,300 shares, the short-interest ratio is presently 2.2 days.

Federal Home Loan Mortgage Stock Performance

Shares of Federal Home Loan Mortgage stock traded up $1.27 on Friday, reaching $6.10. 13,351,167 shares of the stock were exchanged, compared to its average volume of 14,783,388. The firm’s 50 day moving average is $3.34 and its 200-day moving average is $1.97. The firm has a market cap of $3.97 billion, a PE ratio of -101.65 and a beta of 2.05. Federal Home Loan Mortgage has a one year low of $0.86 and a one year high of $7.15.

Federal Home Loan Mortgage (OTCMKTS:FMCC – Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The company reported ($0.02) earnings per share for the quarter. The business had revenue of $5.84 billion during the quarter, compared to analyst estimates of $5.40 billion. Federal Home Loan Mortgage had a net margin of 9.74% and a negative return on equity of 33.18%.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods cut Federal Home Loan Mortgage from an “outperform” rating to a “market perform” rating and raised their price target for the stock from $2.50 to $4.00 in a research report on Wednesday, November 20th.

Read Our Latest Report on FMCC

About Federal Home Loan Mortgage

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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.