Freddie Mac is trading 11.89% lower at $3.26, but available evidence does not confirm a clear reason for the sharp move. - A report dated October 12 said Michael Burry shifted from Freddie Mac and Fannie Mae common shares to junior preferred shares, citing potential dilution if Treasury converts its $388 billion senior preferred stock. - The supplied market snapshot was mixed, with no major index moving more than 0.5% in either direction.