MTGE Investment (MTGE) Reaches $19.40 52-Week High, Arrow Electrs (ARW) Sellers Increased By 14.32% Their Shorts

June 19, 2017 - By marketbeat

Arrow Electrs Incorporated (NYSE:ARW) had an increase of 14.32% in short interest. ARW’s SI was 2.03M shares in June as released by FINRA. Its up 14.32% from 1.77 million shares previously. With 598,800 avg volume, 3 days are for Arrow Electrs Incorporated (NYSE:ARW)’s short sellers to cover ARW’s short positions. The SI to Arrow Electrs Incorporated’s float is 2.3%. About 19,296 shares traded. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since June 19, 2016 and is uptrending. It has outperformed by 4.40% the S&P500.

The stock of MTGE Investment Corp (NASDAQ:MTGE) hit a new 52-week high and has $20.56 target or 6.00% above today’s $19.40 share price. The 9 months bullish chart indicates low risk for the $902.43 million company. The 1-year high was reported on Jun, 19 by Barchart.com. If the $20.56 price target is reached, the company will be worth $54.15 million more. It is 0.00% or $0 reaching $19.4 per share. It is down 19.17% since June 19, 2016 and is uptrending. It has outperformed by 2.47% the S&P500.

Among 9 analysts covering Arrow Electronics Inc. (NYSE:ARW), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Arrow Electronics Inc. had 14 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Arrow Electronics, Inc. (NYSE:ARW) has “Buy” rating given on Friday, January 22 by Longbow. On Thursday, October 29 the stock rating was downgraded by CLSA to “Outperform”. The firm has “Outperform” rating given on Thursday, October 29 by Credit Agricole. The rating was upgraded by Goldman Sachs on Monday, March 14 to “Buy”. The rating was downgraded by Citigroup to “Sell” on Monday, May 2. The company was downgraded on Tuesday, September 20 by Goldman Sachs. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Buy” rating by Bank of America on Wednesday, April 27. The stock has “Hold” rating by Zacks on Monday, August 31. The rating was maintained by Goldman Sachs with “Buy” on Monday, May 9. The rating was downgraded by Suntrust Robinson on Tuesday, January 3 to “Hold”.

Arrow Electronics, Inc. is a provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company has market cap of $6.91 billion. The Firm has a portfolio of product offerings available from various electronic components and enterprise computing solutions suppliers. It has a 13.32 P/E ratio. The Company’s divisions include the global components business; the global enterprise computing solutions business, and corporate business segment.

Since February 23, 2017, it had 0 insider purchases, and 9 insider sales for $4.22 million activity. The insider Melvin Vincent P sold $436,550. Shares for $472,105 were sold by Morris Mary Catherine. On Monday, May 15 Kerins Sean J sold $227,970 worth of Arrow Electronics, Inc. (NYSE:ARW) or 3,000 shares. 2,870 shares were sold by Tarpinian Gregory, worth $211,232. Zech Gretchen also sold $756,463 worth of Arrow Electronics, Inc. (NYSE:ARW) on Tuesday, May 9. King Andrew sold $75,300 worth of stock.

Investors sentiment increased to 0.87 in 2016 Q4. Its up 0.14, from 0.73 in 2016Q3. It improved, as 23 investors sold Arrow Electronics, Inc. shares while 139 reduced holdings. 50 funds opened positions while 91 raised stakes. 81.93 million shares or 2.69% less from 84.19 million shares in 2016Q3 were reported. Ahl Partners Llp owns 92,595 shares or 0.2% of their US portfolio. Moreover, D E Shaw And Commerce Inc has 0% invested in Arrow Electronics, Inc. (NYSE:ARW). 157,304 are held by Apg Asset Mngmt Nv. M&T National Bank & Trust Corp stated it has 0% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Beck Mack Oliver Limited Liability Com holds 3,500 shares or 0.01% of its portfolio. Vident Invest Advisory Ltd Llc holds 0.29% or 34,436 shares in its portfolio. Neuberger Berman Group Inc Limited Liability Corp holds 37,423 shares or 0% of its portfolio. Dupont Mngmt Corporation holds 0.11% or 71,393 shares. Howe Rusling reported 68 shares. Boston holds 0.51% or 5.43M shares. Morgan Stanley holds 0.01% or 223,384 shares. Twin Capital Management, a Pennsylvania-based fund reported 26,050 shares. Fmr Limited Liability Company reported 0.02% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Ngam Advsrs L P invested in 0.03% or 35,412 shares. Meeder Asset Mngmt invested in 0.02% or 2,309 shares.

MTGE Investment Corp., formerly American Capital Mortgage Investment Corp., is a real estate investment trust. The company has market cap of $902.43 million. The Firm invests in, finances and manages a leveraged portfolio of real estate-related investments, which include agency residential mortgage-backed securities , non-agency securities, other mortgage-related investments and other real estate investments. It has a 8.95 P/E ratio. Agency RMBS includes residential mortgage pass-through certificates and collateralized mortgage obligations (CMOs) structured from residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a government-sponsored enterprise (GSE), or by a United States Government agency, such as Government National Mortgage Association (Ginnie Mae).

Among 9 analysts covering American Capital Mortgage (NASDAQ:MTGE), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. American Capital Mortgage had 14 analyst reports since July 31, 2015 according to SRatingsIntel. Deutsche Bank maintained MTGE Investment Corp (NASDAQ:MTGE) on Tuesday, September 22 with “Hold” rating. Deutsche Bank maintained MTGE Investment Corp (NASDAQ:MTGE) rating on Friday, July 31. Deutsche Bank has “Hold” rating and $18.50 target. The stock has “Buy” rating by Maxim Group on Friday, July 31. The stock of MTGE Investment Corp (NASDAQ:MTGE) has “Market Perform” rating given on Monday, January 18 by Wells Fargo. The rating was downgraded by UBS to “Neutral” on Friday, August 28. Stifel Nicolaus maintained it with “Outperform” rating and $19 target in Monday, August 3 report. Credit Suisse downgraded the shares of MTGE in report on Wednesday, January 6 to “Neutral” rating. On Friday, January 15 the stock rating was downgraded by Wells Fargo to “Market Perform”. The rating was upgraded by Zacks on Wednesday, August 19 to “Hold”. The firm earned “Hold” rating on Thursday, October 29 by Wunderlich.

Investors sentiment decreased to 0.01 in Q4 2016. Its down 0.85, from 0.86 in 2016Q3. It is negative, as 80 investors sold MTGE Investment Corp shares while 1 reduced holdings. 0 funds opened positions while 1 raised stakes. 15,969 shares or 99.94% less from 27.25 million shares in 2016Q3 were reported. Eqis Cap reported 15,869 shares. Salem Invest Counselors Inc owns 0% invested in MTGE Investment Corp (NASDAQ:MTGE) for 100 shares.

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