UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. _ )*

            

Orchid Island Capital Inc


(Name of Issuer)

Real Estate Investment Trust


(Title of Class of Securities)

68571X103


(CUSIP Number)

December 29, 2017


(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)


CUSIP No. 68571X103

1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

Invesco Ltd.
98-0557567
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION

Bermuda

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

5. SOLE VOTING POWER 2,361,730
6. SHARED VOTING POWER 0
7. SOLE DISPOSITIVE POWER 2,361,730
8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,361,730
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

[ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

5.1%
12. TYPE OF REPORTING PERSON

HC, IA



















Item 1.
(a) Name of Issuer
Orchid Island Capital Inc
(b) Address of Issuer's Principal Executive Offices
3305 Flamingo Drive, Vero Beach FL 32963
Item 2.
(a) Name of Person Filing
Invesco Ltd. ("Invesco Ltd.")
(b) Address of Principal Business Office or, if None, Residence
1555 Peachtree Street NE, Suite 1800, Atlanta GA 30309
(c) Citizenship
Bermuda
(d) Title of Class of Securities
Real Estate Investment Trust
(e) CUSIP Number
68571X103
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
(g) [X] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
Invesco Ltd. , in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 2,361,730 shares of the Issuer which are held of record by clients of Invesco Ltd. ..
(b) Percent of Class:
5.1%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 2,361,730
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 2,361,730
(iv) shared power to dispose or to direct the disposition of 0
Item 5. Ownership of Five Percent or Less of Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Invesco Advisers, Inc.
Invesco PowerShares Capital Management LLC
Item 8. Identification and Classification of Members of the Group.

Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).
Item 9. Notice of Dissolution of Group.

Not Applicable
Item 10. Certification.

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Invesco Ltd.
By: /s/ Nancy L. Tomassone
Date: February 14, 2018
Name: Nancy L. Tomassone
Title: Global Assurance Officer

Invesco Joint Filing Agreement
JOINT FILING AGREEMENT

In accordance with Rule 13d-1(k) (l) under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing of the attached Schedule 13G, and any and all amendments thereto, and expressly authorize Invesco Ltd., as the ultimate parent company of each of its undersigned subsidiaries, to file such Schedule 13G, and any and all amendments thereto, on behalf of each of them.

Dated: 01/31/2018

Invesco Ltd.
By: /s/ Nancy Tomassone
Name: Nancy Tomassone
Title: Global Assurance Officer

Invesco Advisers, Inc.
By: /s/ Robert R. Leveille
Name: Robert R. Leveille
Title: Chief Compliance Officer

Invesco Canada Ltd.
By: /s/ Eric Adelson
Name: Eric Adelson
Title: Head of Legal

Invesco Trust Company
By: /s/ Odeh Stevens
Name: Odeh Stevens
Title: Secretary

Invesco Hong Kong Limited
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorized Signatory

Invesco Hong Kong Limited
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorized Signatory

Invesco Asset Management Deutschland GmbH
By: /s/ Stephanie Ehrenfried
Name: Stephanie Ehrenfried
Title: Head of Legal Continental Europe & Cross-Border Funds

Invesco Asset Management Limited
By: /s/ Chris Edge
Name: Chris Edge
Title: Head of UK Compliance

Invesco Asset Management S.A.
By: /s/ Matthieu Grosclaude
Name: Matthieu Grosclaude
Title: COO, EMEA Retail

Invesco Asset Management S.A.
By: /s/ Bernard Aybran
Name: Bernard Aybran
Title: Multi-Management CIO

Invesco Management S.A.
By: /s/ Peter Carroll
Name: Peter Carroll
Title: Head EMEA Delegation Oversight

Invesco Taiwan Limited
By: /s/ Jacky Hsiao
Name: Jacky Hsiao
Title: General Manager

Invesco Asset Management (Japan) Limited
By: /s/ Masakazu Hasegawa
Name: Masakazu Hasegawa
Title: Managing Director

Invesco Asset Management Singapore Limited
By: /s/ Lee Siu Mei
Name: Lee Siu Mei
Title: Authorised Signatory

Invesco Asset Management Singapore Limited
By: /s/ Pang Sin Chu
Name: Pang Sin Chu
Title: Authorised Signatory

Invesco Global Asset Management DAC
By: /s/ Cormac O'Sullivan
Name: Cormac O'Sullivan
Title: Director of PMO

Invesco PowerShares Capital Management, LLC
By: /s/ Melanie Zimdars
Name: Melanie Zimdars
Title: Chief Compliance Officer

Invesco Investment Advisers, LLC
By: /s/ Miranda O'Keefe
Name: Miranda O'Keefe
Title: Chief Compliance Officer

Invesco Australia Ltd.
By: /s/ Jane Stewart
Name: Jane Stewart
Title: Senior Compliance Manager