Western Mortgage Capital (WMC) falls 0.45% for January 14

Equities Staff  |

Western Asset Mortgage Capital Corp (NYSE: WMC) shares fell 0.45%, or $0.01 per share, to close Friday at $2.22. After opening the day at $2.20, shares of Western Mortgage Capital fluctuated between $2.24 and $2.20. 117,176 shares traded hands a decrease from their 30 day average of 402,123. Friday's activity brought Western Mortgage Capital’s market cap to $135,109,007.

Western Mortgage Capital is headquartered in Pasadena, California..

About Western Asset Mortgage Capital Corp

Western Asset Mortgage Capital Corporation is a real estate investment trust that invests in, acquires and manages a diverse portfolio of assets consisting of Residential Whole Loans, Commercial Loans, Non-Agency CMBS, Non-Agency RMBS, GSE Risk Transfer Securities and to a lesser extent Agency RMBS, Agency CMBS and ABS. The Company's investment strategy may change, subject to the Company's stated investment guidelines, and is based on its manager Western Asset Management Company, LLC's perspective of which mix of portfolio assets it believes provide the Company with the best risk-reward opportunities at any given time. The Company is externally managed and advised by Western Asset Management Company, LLC, an investment advisor registered with the Securities and Exchange Commission and a wholly-owned subsidiary of Franklin Resources, Inc. Please visit the Company's website at www.westernassetmcc.com.

Visit Western Asset Mortgage Capital Corp’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Western Asset Mortgage Capital Corp and to follow the company’s latest updates, you can visit the company’s profile page here: Western Asset Mortgage Capital Corp’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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