LADENBURG THALMANN & CO. INC.
520 Madison Avenue
New York, New York 10022
February 12, 2013
VIA EDGAR
United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Washington, D.C. 20549
Attention: Michael McTiernan
| RE: | Orchid Island Capital, Inc. |
Registration Statement on Form S-11 (File No. 333-184538)
Gentlemen:
In connection with the Registration Statement on Form S-11, as amended, of Orchid Island Capital, Inc., the undersigned, which is acting as the representative of the underwriters of the offering, hereby requests acceleration of the effective date and time of the Registration Statement to 4:30 p.m., Wednesday, February 13, 2013 or as soon thereafter as practicable, pursuant to Rule 461 of the Securities Act of 1933, as amended.
| Very truly yours, | ||
| LADENBURG THALMANN & CO. INC. | ||
| By: | /s/ Steven Kaplan | |
| Name: | Steven Kaplan | |
| Title: | Head of Capital Markets | |