CYS Investments Inc (CYS) Sees Significant Increase in Short Interest

CYS Investments Inc (NYSE:CYS) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,307,556 shares, a growth of 106.7% from the January 12th total of 2,567,599 shares. Based on an average daily volume of 1,935,357 shares, the days-to-cover ratio is currently 2.7 days. Approximately 3.5% of the company’s stock are short sold.

Several analysts recently commented on the stock. Compass Point raised shares of CYS Investments from a “sell” rating to a “neutral” rating in a research report on Tuesday, February 6th. ValuEngine downgraded shares of CYS Investments from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. CYS Investments has a consensus rating of “Hold” and an average price target of $8.25.

Shares of CYS Investments (CYS) opened at $6.56 on Wednesday. The stock has a market cap of $1,020.00, a PE ratio of -32.80 and a beta of 0.37. CYS Investments has a 1-year low of $6.26 and a 1-year high of $8.98.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 27th. Stockholders of record on Friday, December 22nd will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 15.24%. The ex-dividend date is Thursday, December 21st. CYS Investments’s payout ratio is presently -500.00%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Profund Advisors LLC boosted its holdings in shares of CYS Investments by 1.7% during the 2nd quarter. Profund Advisors LLC now owns 11,900 shares of the real estate investment trust’s stock valued at $100,000 after acquiring an additional 196 shares during the last quarter. Ameritas Investment Partners Inc. boosted its holdings in shares of CYS Investments by 9.0% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 13,300 shares of the real estate investment trust’s stock valued at $112,000 after acquiring an additional 1,096 shares during the last quarter. Barings LLC purchased a new stake in shares of CYS Investments during the 3rd quarter valued at about $129,000. Amalgamated Bank boosted its holdings in shares of CYS Investments by 1.0% during the 2nd quarter. Amalgamated Bank now owns 19,252 shares of the real estate investment trust’s stock valued at $162,000 after acquiring an additional 196 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of CYS Investments by 28.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 19,946 shares of the real estate investment trust’s stock valued at $168,000 after acquiring an additional 4,441 shares during the last quarter. 62.47% of the stock is currently owned by hedge funds and other institutional investors.

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CYS Investments Company Profile

CYS Investments, Inc is a specialty finance company. The Company’s objective is to provide consistent returns to its investors through a combination of dividends and capital appreciation. It invests in agency residential mortgage-backed security (RMBS) collateralized by fixed rate single-family residential mortgage loans; adjustable-rate mortgages (ARMs), which have coupon rates that reset monthly, or hybrid ARMs, which have a coupon rate that is fixed for an initial period.

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