Granite Point Ownership

Some institutional investors establish a significant position in preferred stocks such as Granite Point in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Granite Point, and when they decide to sell, the preferred stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Granite Point Mortgage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.