Short Interest in Federal National Mortgage Association (OTCMKTS:FNMA) Increases By 6.9%

Federal National Mortgage Association (OTCMKTS:FNMA) was the target of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 3,578,000 shares, a growth of 6.9% from the October 15th total of 3,347,300 shares. Based on an average daily volume of 3,862,900 shares, the days-to-cover ratio is presently 0.9 days.

Federal National Mortgage Association Stock Performance

FNMA stock opened at $0.72 on Friday. The stock has a 50-day moving average price of $0.67 and a two-hundred day moving average price of $0.55. Federal National Mortgage Association has a 1 year low of $0.35 and a 1 year high of $0.90.

Federal National Mortgage Association Company Profile

Federal National Mortgage Association provides financing solutions for mortgages in the United States. The company 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.