ARMOUR Residential REIT Inc’s filing revealed that its Director Hain Robert C unloaded Company’s shares for reported $45178.0 on Jan 13 ’25. In the deal valued at $18.07 per share,2,500 shares were sold. As a result of this transaction, Hain Robert C now holds 6,793 shares worth roughly $0.13 million.
Then, PAPERIN STEWART J sold 24,852 shares, generating $466,793 in total proceeds. Upon selling the shares at $18.78, the Director now owns 363 shares.
Before that, PAPERIN STEWART J bought 24,852 shares. ARMOUR Residential REIT Inc shares valued at $468,460 were divested by the Director at a price of $18.85 per share.
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 Tuesday, ARMOUR Residential REIT Inc [NYSE:ARR] saw its stock jump 0.75% to $18.80. Over the last five days, the stock has gained 3.58%. ARMOUR Residential REIT Inc shares have fallen nearly -0.32% since the year began. Nevertheless, the stocks have fallen -1.26% over the past one year. While a 52-week high of $21.93 was reached on 01/06/25, a 52-week low of $17.35 was recorded on 01/13/25. SMA at 50 days reached $18.87, while 200 days put it at $19.48.
Levels Of Support And Resistance For ARR Stock
The 24-hour chart illustrates a support level at 18.64, which if violated will result in even more drops to 18.47. On the upside, there is a resistance level at 18.91. A further resistance level may holdings at 19.01. The Relative Strength Index (RSI) on the 14-day chart is 51.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.08%. Stochastics %K at 55.28% 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 2024-12-31, growing by 1.62 million shares to a total of 6.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.94 million shares. There was a rise of 24.63%, which implies that there is a positive sentiment for the stock.
