Anworth Mortgage Asset Corporation (NYSE:ANH) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,682,175 shares, a growth of 45.6% from the August 15th total of 1,155,100 shares. Based on an average daily volume of 512,514 shares, the days-to-cover ratio is currently 3.3 days. Approximately 1.8% of the shares of the company are sold short.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Anworth Mortgage Asset Corporation by 1.6% during the second quarter. Vanguard Group Inc. now owns 8,392,173 shares of the real estate investment trust’s stock valued at $50,438,000 after purchasing an additional 135,959 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Anworth Mortgage Asset Corporation by 9.3% during the second quarter. Renaissance Technologies LLC now owns 3,856,920 shares of the real estate investment trust’s stock valued at $23,180,000 after purchasing an additional 328,800 shares during the last quarter. State Street Corp grew its holdings in shares of Anworth Mortgage Asset Corporation by 18.8% during the first quarter. State Street Corp now owns 2,862,931 shares of the real estate investment trust’s stock valued at $15,900,000 after purchasing an additional 454,018 shares during the last quarter. UBS Group AG grew its holdings in shares of Anworth Mortgage Asset Corporation by 24.3% during the first quarter. UBS Group AG now owns 2,180,957 shares of the real estate investment trust’s stock valued at $12,104,000 after purchasing an additional 426,925 shares during the last quarter. Finally, Boston Partners grew its holdings in shares of Anworth Mortgage Asset Corporation by 2.6% during the second quarter. Boston Partners now owns 2,134,930 shares of the real estate investment trust’s stock valued at $12,831,000 after purchasing an additional 54,389 shares during the last quarter. 56.15% of the stock is owned by institutional investors.

Several brokerages have weighed in on ANH. ValuEngine upgraded Anworth Mortgage Asset Corporation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 6th. Credit Suisse Group reiterated a “hold” rating and issued a $6.00 target price on shares of Anworth Mortgage Asset Corporation in a research note on Friday, August 4th.

Anworth Mortgage Asset Corporation (NYSE ANH) opened at 6.10 on Tuesday. Anworth Mortgage Asset Corporation has a 52 week low of $4.69 and a 52 week high of $6.35. The stock has a market capitalization of $595.06 million, a P/E ratio of 9.64 and a beta of 0.27. The firm has a 50 day moving average price of $6.05 and a 200 day moving average price of $5.90.

Anworth Mortgage Asset Corporation (NYSE:ANH) last posted its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.01). The company had revenue of $13.89 million for the quarter, compared to the consensus estimate of $17.78 million. Anworth Mortgage Asset Corporation had a net margin of 44.13% and a return on equity of 8.83%. The firm’s revenue for the quarter was up 23.8% compared to the same quarter last year. During the same period last year, the company posted $0.15 earnings per share. Equities research analysts predict that Anworth Mortgage Asset Corporation will post $0.53 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Stockholders of record on Friday, September 29th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 9.84%. The ex-dividend date of this dividend is Thursday, September 28th. Anworth Mortgage Asset Corporation’s dividend payout ratio (DPR) is presently 95.24%.

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Anworth Mortgage Asset Corporation Company Profile

Anworth Mortgage Asset Corporation is a real estate investment trust (REIT). The Company’s investment objective is to provide risk-adjusted total returns to its stockholders over the long-term primarily through dividends and secondarily through capital appreciation. Its strategy is to invest in residential mortgage-backed securities (MBS) (both Agency MBS and Non-Agency MBS), residential mortgage loans and residential rental properties.

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