Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States.

The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS.

Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities.

The company qualifies as a real estate investment trust for federal income tax purposes.

Orchid Island Capital, Inc. was incorporated in 2010 and is based in Vero Beach, Florida.