Sergey Losyev Buys Shares of ARMOUR Residential REIT, Inc. $ARR
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Sergey Losyev, Co-Chief Investment Officer at ARMOUR Residential REIT, Inc. ($ARR), bought 50,000 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
ARMOUR Residential REIT, Inc. Stock Up 2.2%
Shares of ARMOUR Residential REIT, Inc. ($ARR) traded around $16.68 on Thursday, up 2.2% for the day.
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About ARMOUR Residential REIT, Inc.
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. Its securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans; and unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. The company has elected to be taxed as a real estate investment trust. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
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