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Shares of CYS Up 12.4% Since Uptrend Call on Shares
Jul 24, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Cypress Sharpridge Investments (NYSE:CYS) on October 25th, 2011 at $12.59. In approximately 9 months, Cypress Sharpridge Investments has returned 12.39% as of today's recent price of $14.15.
Cypress Sharpridge Investments share prices have moved between a 52-week high of $14.28 and a 52-week low of $10.52 and are now trading 35% above that low price at $14.16 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.2%.
Cypress Sharpridge Investments, Inc. is a specialty finance company that was created with the objective of achieving consistent risk-adjusted investment income. The Company invests on a leveraged basis exclusively in whole-pool residential mortgage pass-through securities for which the principal and interest payments are guaranteed.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Cypress Sharpridge Investments shares.Log in and add Cypress Sharpridge Investments (CYS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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