Two Harbors Investment Corp’s filing revealed that its Chief Legal Officer Sandberg Rebecca B unloaded Company’s shares for reported $33870.0 on Jan 14 ’25. In the deal valued at $11.24 per share,3,014 shares were sold. As a result of this transaction, Sandberg Rebecca B now holds 149,364 shares worth roughly $1.8 million.
Then, RUSH ROBERT sold 2,868 shares, generating $32,265 in total proceeds. Upon selling the shares at $11.25, the Chief Risk Officer now owns 89,479 shares.
Before that, LETICA NICHOLAS sold 5,737 shares. Two Harbors Investment Corp shares valued at $64,720 were divested by the Chief Investment Officer at a price of $11.28 per share. As a result of the transaction, LETICA NICHOLAS now holds 168,935 shares, worth roughly $2.03 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 Tuesday, Two Harbors Investment Corp [NYSE:TWO] saw its stock jump 0.84% to $12.04. Over the last five days, the stock has gained 8.57%. Two Harbors Investment Corp shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have fallen -10.42% over the past one year. While a 52-week high of $14.27 was reached on 01/02/25, a 52-week low of $10.84 was recorded on 01/13/25. SMA at 50 days reached $11.70, while 200 days put it at $12.74.
Levels Of Support And Resistance For TWO Stock
The 24-hour chart illustrates a support level at 11.96, which if violated will result in even more drops to 11.88. On the upside, there is a resistance level at 12.11. A further resistance level may holdings at 12.19. The Relative Strength Index (RSI) on the 14-day chart is 59.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 5.46%. Stochastics %K at 89.29% indicates the stock is a selling.
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 2024-12-31, growing by 0.47 million shares to a total of 3.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.33 million shares. There was a rise of 12.28%, which implies that there is a positive sentiment for the stock.
