Efc stock price traders watching the EFC stock price

Traders watching the EFC stock price note RSI holding near 52, implying a balanced momentum position — neither overbought nor oversold — making short-term oscillations more data-dependent. Mortgage REIT Ellington Financial Inc (NYSE:EFC) is one of the best dividend stocks to buy according to billionaire Leon Cooperman. Ellington Financial Inc (NYSE:EFC) buys and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. Ellington Financial Inc (NYSE:EFC) is a monthly dividend stock with a high yield.  The stock is down about 7% over the past one year amid volatility in the mortgage market. However, Ellington bulls believe the company can rebound amid a recovery in home sales. According to the National Associate of Realtors, existing home sales are expected to rise by 13.5% in 2024 while new home sales could increase by 19% by the end of this year. The Notes and guarantee have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the securities laws of any other applicable jurisdiction. The Notes have been offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act and to non- U.S. persons outside the United States in reliance on Regulation S under the Securities Act. Recent market commentary highlights EFC stock price stability as a function of strategic hedging against prepayment risks in mortgage-backed asset pools, keeping earnings more predictable.