Capstead Mortgage Breaks Above 200-Day Moving Average - Bullish for CMO

In trading on Wednesday, shares of Capstead Mortgage Corp. ( CMO) crossed above their 200 day moving average of $9.70, changing hands as high as $9.74 per share. Capstead Mortgage Corp. shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of CMO shares, versus its 200 day moving average:

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Capstead Mortgage Corp. 200 Day Moving Average Chart

Looking at the chart above, CMO's low point in its 52 week range is $7.48 per share, with $10.46 as the 52 week high point — that compares with a last trade of $9.72.

According to the ETF Finder at ETF Channel, CMO makes up 3.16% of the SuperDividend REIT ETF ( SRET) which is trading lower by about 1.5% on the day Wednesday.

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