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If this is institutional it is probably rolling out of the sector and into something they perceive as a better bet. Not unlikely considering the possiblity of spreads being squeezed for a while.
But while they're rolling out of the sector, they're also rolling out of AGNC and MTGE, which do somewhat better than their peers in the sector.
So it's only half an idea, not a whole, good one. They will end up regretting it.
IF institutional...? How can it not be with these volumes.
18 million shares of a $30 stock ain't that much. INTC does twice the dollar volume every day.and Apple does 9 times what INTC does.