Two Harbors Investment Corp’s filing revealed that its Officer Jason Vinar acquired Company’s shares for reported $0.14 million on Dec 23 ’24. In the deal valued at $11.51 per share,11,823 shares were bought.
Then, David B. Hughes bought 3,082 shares, generating $43,024 in total proceeds.
Before that, LETICA NICHOLAS sold 8,654 shares. Two Harbors Investment Corp shares valued at $117,954 were divested by the Chief Investment Officer at a price of $13.63 per share. As a result of the transaction, LETICA NICHOLAS now holds 105,644 shares, worth roughly $1.23 million.
Compass Point initiated its Two Harbors Investment Corp [TWO] rating to a Buy in a research note published on October 03, 2024; the price target was $15.75. A number of analysts have revised their coverage, including Janney’s analysts, who began to cover the stock in mid August with a ‘”a Buy”‘ rating. UBS also remained covering TWO and has increased its forecast on June 07, 2024 with a “Buy” recommendation from previously “Neutral” rating. UBS started covering the stock on December 06, 2023. It rated TWO as “a Neutral”.
Price Performance Review of TWO
On Monday, Two Harbors Investment Corp [NYSE:TWO] saw its stock fall -1.11% to $11.61. Over the last five days, the stock has lost -2.19%. Two Harbors Investment Corp shares have fallen nearly -16.65% since the year began. Nevertheless, the stocks have fallen -18.18% over the past one year. While a 52-week high of $14.27 was reached on 09/17/24, a 52-week low of $11.28 was recorded on 11/06/24. SMA at 50 days reached $11.89, while 200 days put it at $12.83.
Levels Of Support And Resistance For TWO Stock
The 24-hour chart illustrates a support level at 11.48, which if violated will result in even more drops to 11.36. On the upside, there is a resistance level at 11.72. A further resistance level may holdings at 11.84. The Relative Strength Index (RSI) on the 14-day chart is 43.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.52%. Stochastics %K at 52.69% indicates the stock is a holding.
How much short interest is there in Two Harbors Investment Corp?
A steep rise in short interest was recorded in Two Harbors Investment Corp stocks on 2024-12-13, dropping by -0.22 million shares to a total of 3.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.42 million shares. There was a decline of -6.89%, which implies that there is a negative sentiment for the stock.
