Hunt Companies Finance Trust Inc (NYSE:HCFT) was the target of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 20,500 shares, an increase of 14.5% from the January 15th total of 17,900 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 45,800 shares, the short-interest ratio is presently 0.4 days.
Separately, ValuEngine upgraded shares of Hunt Companies Finance Trust from a “sell” rating to a “hold” rating in a research report on Friday, November 1st.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Acadian Asset Management LLC purchased a new position in shares of Hunt Companies Finance Trust during the fourth quarter worth about $59,000. State Street Corp raised its stake in Hunt Companies Finance Trust by 6.9% during the 3rd quarter. State Street Corp now owns 59,628 shares of the company’s stock valued at $205,000 after acquiring an additional 3,871 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in Hunt Companies Finance Trust during the 4th quarter valued at approximately $230,000. AE Wealth Management LLC lifted its position in Hunt Companies Finance Trust by 18.6% during the 4th quarter. AE Wealth Management LLC now owns 85,204 shares of the company’s stock worth $275,000 after acquiring an additional 13,389 shares during the period. Finally, BlackRock Inc. lifted its position in Hunt Companies Finance Trust by 4.7% during the 2nd quarter. BlackRock Inc. now owns 183,038 shares of the company’s stock worth $624,000 after acquiring an additional 8,155 shares during the period. Institutional investors own 41.87% of the company’s stock.
NYSE:HCFT remained flat at $$3.29 during trading hours on Friday. 182,100 shares of the company were exchanged, compared to its average volume of 49,190. Hunt Companies Finance Trust has a 12-month low of $3.17 and a 12-month high of $3.64. The company has a quick ratio of 26.74, a current ratio of 26.74 and a debt-to-equity ratio of 4.99. The firm has a market cap of $77.22 million, a price-to-earnings ratio of 82.25 and a beta of 1.29. The firm’s fifty day moving average is $3.26 and its 200-day moving average is $3.29.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were paid a $0.075 dividend. The ex-dividend date was Monday, December 30th. This represents a $0.30 dividend on an annualized basis and a yield of 9.12%. Hunt Companies Finance Trust’s dividend payout ratio is presently -96.77%.
About Hunt Companies Finance Trust
Hunt Companies Finance Trust, Inc, a real estate specialty finance company, focuses on investing in portfolio mortgage-backed securities (MBS), mortgages, and other real estate related assets. It invests in agency and non-agency residential MBS, multi-family MBS, mortgage-servicing rights, and other mortgage-related investments.
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