Short Interest in Chimera Investment Corp. Increases By 14.9% (CIM)
Shares of Chimera Investment Corp. (NYSE:CIM) were the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totalling 25,004,349 shares, an increase of 14.9% from the April 15th total of 21,767,130 shares, Analyst Ratings Net reports. Based on an average daily volume of 3,016,595 shares, the short-interest ratio is presently 8.3 days. Currently, 2.5% of the shares of the stock are short sold.
Chimera Investment Corp. (NYSE:CIM) opened at 3.10 on Thursday. Chimera Investment Corp. has a one year low of $2.71 and a one year high of $3.29. The stock’s 50-day moving average is $3.09 and its 200-day moving average is $3.08. The company has a market cap of $3.185 billion and a P/E ratio of 8.66.
Chimera Investment Corporation is a specialty finance company that invests, either directly or indirectly through its subsidiaries, in residential mortgage-backed securities (NYSE:CIM), residential mortgage loans, commercial mortgage loans, real estate-related securities and various other asset classes.
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