Will Arlington Asset Investment Corp Class A (new) (NYSE:AI) Run Out of Steam Soon? Short Interest is Up

April 17, 2018 - By Jimmy Baldridge

Arlington Asset Investment Corp. (NYSE:AI) Logo

The stock of Arlington Asset Investment Corp Class A (new) (NYSE:AI) registered an increase of 3.59% in short interest. AI’s total short interest was 3.35M shares in April as published by FINRA. Its up 3.59% from 3.24 million shares, reported previously. With 701,100 shares average volume, it will take short sellers 5 days to cover their AI’s short positions.

The stock increased 0.67% or $0.07 during the last trading session, reaching $11.26. About 171,180 shares traded. Arlington Asset Investment Corp. (NYSE:AI) has declined 19.38% since April 17, 2017 and is downtrending. It has underperformed by 30.93% the S&P500.

Arlington Asset Investment Corp., an investment firm, acquires mortgage-related and other assets. The company has market cap of $317.39 million. The firm acquires on a leveraged basis residential mortgage-backed securities that are issued by the United States (U.S.) government agency, or guaranteed as to principal and interest by U.S. government agencies, or U.S. government-sponsored entities. It has a 17.05 P/E ratio. It also acquires MBS issued by private organizations.

Arlington Asset Investment Corp. (NYSE:AI) Ratings Coverage

Among 3 analysts covering Arlington Asset Investment (NYSE:AI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Arlington Asset Investment had 6 analyst reports since October 25, 2017 according to SRatingsIntel. The stock of Arlington Asset Investment Corp. (NYSE:AI) has “Buy” rating given on Wednesday, January 10 by Maxim Group. The stock of Arlington Asset Investment Corp. (NYSE:AI) has “Buy” rating given on Wednesday, October 25 by Maxim Group. The firm earned “Buy” rating on Thursday, February 8 by Maxim Group. The stock of Arlington Asset Investment Corp. (NYSE:AI) earned “Neutral” rating by B. Riley & Co on Friday, February 9.

Arlington Asset Investment Corp. (NYSE:AI) Institutional Positions Chart

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