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Two Harbors Investment Corp (TWO) gets rating Initiated from Compass Point

In a filing, Two Harbors Investment Corp revealed its Officer Rebecca B. Sandberg acquired Company’s shares for reported $36801.0 on Feb 10 ’25. In the deal valued at $12.94 per share,2,844 shares were bought.

Then, Robert Rush bought 2,648 shares, generating $34,265 in total proceeds.

Before that, Alecia Hanson bought 941 shares. Two Harbors Investment Corp shares valued at $12,177 were divested by the Officer at a price of $12.94 per share.

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 jump 0.93% to $13.02. Over the last five days, the stock has gained 2.92%. Two Harbors Investment Corp shares have risen nearly 10.06% since the year began. Nevertheless, the stocks have risen 6.98% over the past one year. While a 52-week high of $14.27 was reached on 02/06/25, a 52-week low of $10.84 was recorded on 01/13/25. SMA at 50 days reached $11.91, while 200 days put it at $12.76.

Levels Of Support And Resistance For TWO Stock

The 24-hour chart illustrates a support level at 12.88, which if violated will result in even more drops to 12.74. On the upside, there is a resistance level at 13.09. A further resistance level may holdings at 13.17. The Relative Strength Index (RSI) on the 14-day chart is 70.42, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.99%. Stochastics %K at 92.04% 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 2025-01-15, growing by 0.18 million shares to a total of 3.37 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.2 million shares. There was a rise of 5.28%, which implies that there is a positive sentiment for the stock.

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