Orchid Island Capital Inc Announces Feb 14 Dividend of $0.18 (ORC)
Orchid Island Capital (NYSE:ORC) announced a feb 14 dividend on Tuesday, February 11th, Stock Ratings Network reports. Investors of record on Tuesday, February 25th will be paid a dividend of 0.18 per share on Friday, February 28th. The ex-dividend date is Friday, February 21st.
Orchid Island Capital (NYSE:ORC) traded up 0.41% during mid-day trading on Tuesday, hitting $12.38. The stock had a trading volume of 85,056 shares. Orchid Island Capital has a one year low of $10.02 and a one year high of $15.40. The stock has a 50-day moving average of $12. and a 200-day moving average of $11.88. The company’s market cap is $41.4 million. Orchid Island Capital also was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 30,040 shares, a decrease of 63.5% from the January 15th total of 82,349 shares. Based on an average daily volume of 296,668 shares, the short-interest ratio is currently 0.1 days. Currently, 0.7% of the company’s stock are sold short.
Orchid Island Capital, Inc, is a specialty finance company that invests in residential mortgage-backed securities (NYSE:ORC).
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