Has anyone looked at ORC? via /r/wallstreetbets #stocks #wallstreetbets #investing
Has anyone looked at ORC?
So ORC is a REIT that currently pays a pretty massive dividend at around 20% annually. Shares are currently a little under 3 dollars. It also pays its dividends monthly. The reason I'm asking about opinions on it here is because it's short interest, according to MarketWatch, is currently 23.6% with a float of just under 50M shares. Would the lower float (when compared to something like AMC) make it easier to squeeze? I haven't seen anyone really talking about it.
Submitted July 06, 2022 at 02:02AM by Grand_Use
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