Two Harbors Investment Corp’s recently made public that its Chief Legal Officer Sandberg Rebecca B unloaded Company’s shares for reported $56330.0 on Jan 08 ’25. In the deal valued at $11.21 per share,5,025 shares were sold. As a result of this transaction, Sandberg Rebecca B now holds 156,163 shares worth roughly $1.73 million.
Then, Sandberg Rebecca B sold 3,785 shares, generating $42,165 in total proceeds. Upon selling the shares at $11.14, the Chief Legal Officer now owns 152,378 shares.
Before that, RUSH ROBERT sold 4,679 shares. Two Harbors Investment Corp shares valued at $52,498 were divested by the Chief Risk Officer at a price of $11.22 per share. As a result of the transaction, RUSH ROBERT now holds 94,615 shares, worth roughly $1.05 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 Friday, Two Harbors Investment Corp [NYSE:TWO] saw its stock fall -1.60% to $11.10. Over the last five days, the stock has lost -7.42%. Two Harbors Investment Corp shares have fallen nearly -6.17% since the year began. Nevertheless, the stocks have fallen -21.61% over the past one year. While a 52-week high of $14.27 was reached on 01/02/25, a 52-week low of $11.15 was recorded on 01/10/25. SMA at 50 days reached $11.70, while 200 days put it at $12.78.
Levels Of Support And Resistance For TWO Stock
The 24-hour chart illustrates a support level at 11.00, which if violated will result in even more drops to 10.89. On the upside, there is a resistance level at 11.19. A further resistance level may holdings at 11.27. The Relative Strength Index (RSI) on the 14-day chart is 33.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.37%. Stochastics %K at 12.39% indicates the stock is a buying.
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.
