Anworth Mortgage (ANH +1.6%) gets an upgrade to Buy from Sterne Agee. No details yet on the...

|About: Anworth Mortgage Asset C... (ANH)|By:, SA News Editor

Anworth Mortgage (ANH +1.6%) gets an upgrade to Buy from Sterne Agee. No details yet on the reasoning, but the it seems clear with the firm reporting BV of $7.19/share as of June 30 vs. the shares closing at $6.63 last night. The company's entire portfolio consists of agency MBS, 78% of which is adjustable rate.