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ARMOUR Residential REIT Inc (ARR) receives a Neutral rating from Janney

ARMOUR Residential REIT Inc’s filing revealed that its Director Hain Robert C acquired Company’s shares for reported $47698.0 on Nov 07 ’24. In the deal valued at $19.08 per share,2,500 shares were bought. As a result of this transaction, Hain Robert C now holds 9,023 shares worth roughly $0.17 million.

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Then, STATON DANIEL C bought 10,000 shares, generating $198,570 in total proceeds. Upon buying the shares at $19.86, the Chairman of the Board now owns 24,040 shares.

Before that, Macauley Desmond bought 1,000 shares. ARMOUR Residential REIT Inc shares valued at $19,020 were divested by the Co-Chief Investment Officer at a price of $19.02 per share. As a result of the transaction, Macauley Desmond now holds 1,000 shares, worth roughly $18810.0.

Janney initiated its ARMOUR Residential REIT Inc [ARR] rating to a Neutral in a research note published on June 06, 2024; the price target was $20. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early December with a ‘”a Neutral”‘ rating. B. Riley Securities also remained covering ARR and reiterated its “Neutral” recommendation on February 22, 2022. B. Riley Securities started covering the stock on July 14, 2021. It rated ARR as “a Neutral”.

Price Performance Review of ARR

On Friday, ARMOUR Residential REIT Inc [NYSE:ARR] saw its stock fall -0.79% to $18.81. Over the last five days, the stock has lost -2.59%. ARMOUR Residential REIT Inc shares have fallen nearly -2.64% since the year began. Nevertheless, the stocks have risen 12.10% over the past one year. While a 52-week high of $21.93 was reached on 07/17/24, a 52-week low of $16.45 was recorded on 04/16/24. SMA at 50 days reached $19.78, while 200 days put it at $19.55.

Levels Of Support And Resistance For ARR Stock

The 24-hour chart illustrates a support level at 18.60, which if violated will result in even more drops to 18.39. On the upside, there is a resistance level at 18.96. A further resistance level may holdings at 19.11. The Relative Strength Index (RSI) on the 14-day chart is 38.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.19%. Stochastics %K at 51.33% indicates the stock is a holding.

How much short interest is there in ARMOUR Residential REIT Inc?

A steep rise in short interest was recorded in ARMOUR Residential REIT Inc stocks on 2024-10-31, dropping by -0.28 million shares to a total of 3.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 4.07 million shares. There was a decline of -7.32%, which implies that there is a negative sentiment for the stock.

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