Orchid Island Capital, Inc. operates as a specialty finance company, which engages in investing in residential mortgage-backed securities (RMBS). Its portfolio consists of traditional pass-through Agency RMBS and structured Agency RMBS. The traditional pass-through Agency RMBS include mortgage pass through certificates and collateralized mortgage obligations. The structured Agency RMBS comprise of interest only, inverse interest only, and principal only securities. The company was founded on August 17, 2010 and is headquartered in Vero Beach, FL.