Orchid Island Capital, Inc. (NYSE:ORC) Short Interest Update
Orchid Island Capital, Inc. (NYSE:ORC – Get Free Report) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 10,663,145 shares, a decline of 32.6% from the January 29th total of 15,830,858 shares. Approximately 5.8% of the company’s shares are sold short. Based on an average trading volume of 7,268,881 shares, the days-to-cover ratio is presently 1.5 days. Based on an average trading volume of 7,268,881 shares, the days-to-cover ratio is presently 1.5 days. Approximately 5.8% of the company’s shares are sold short.
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