ARMOUR Residential REIT Inc’s recently made public that its Director PAPERIN STEWART J unloaded Company’s shares for reported $0.47 million on Dec 31 ’24. In the deal valued at $18.78 per share,24,852 shares were sold. As a result of this transaction, PAPERIN STEWART J now holds 363 shares worth roughly $6995.01.
Then, PAPERIN STEWART J bought 24,852 shares, generating $468,460 in total proceeds.
Before that, Hain Robert C bought 2,500 shares. ARMOUR Residential REIT Inc shares valued at $47,698 were divested by the Director at a price of $19.08 per share. As a result of the transaction, Hain Robert C now holds 9,023 shares, worth roughly $0.17 million.
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 jump 1.58% to $19.27. Over the last five days, the stock has gained 3.16%. ARMOUR Residential REIT Inc shares have risen nearly 2.17% since the year began. Nevertheless, the stocks have risen 3.44% over the past one year. While a 52-week high of $21.93 was reached on 01/03/25, a 52-week low of $17.35 was recorded on 01/02/25. SMA at 50 days reached $18.97, while 200 days put it at $19.53.
Levels Of Support And Resistance For ARR Stock
The 24-hour chart illustrates a support level at 19.07, which if violated will result in even more drops to 18.87. On the upside, there is a resistance level at 19.37. A further resistance level may holdings at 19.47. The Relative Strength Index (RSI) on the 14-day chart is 57.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.92%. Stochastics %K at 57.43% 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 2024-12-13, dropping by -0.49 million shares to a total of 6.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.03 million shares. There was a decline of -7.53%, which implies that there is a negative sentiment for the stock.
