A few names that are selling off from or at the highs on volume.........
Arbor Realty Trust- ABR is another REIT mortgage trust that is selling off on volume as it tries to recapitalize its balance sheet. Other names I mentioned on the volume off the high include Capstead Mortgage (ticker CMO) and Anworth Mortgage Asset (ticker ANH).
Ship Finance International- SFL. Shares are down as the company has announced a secondary offering of shares.
Pimco High Income Fund- PHK sold off on a report from Barron's highlighting the funds high premium (stated as 70% in the article) to NAV.
Arbor Realty Trust- ABR is another REIT mortgage trust that is selling off on volume as it tries to recapitalize its balance sheet. Other names I mentioned on the volume off the high include Capstead Mortgage (ticker CMO) and Anworth Mortgage Asset (ticker ANH).
Ship Finance International- SFL. Shares are down as the company has announced a secondary offering of shares.
Pimco High Income Fund- PHK sold off on a report from Barron's highlighting the funds high premium (stated as 70% in the article) to NAV.
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