Susan Mills Buys Shares of CIM $CIM
Key Points
- Susan Mills bought 11,263 shares of Chimera Investment Corporation ($CIM).
- $CIM last traded around $13.36.
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Susan Mills, insider at Chimera Investment Corporation ($CIM), bought 11,263 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Chimera Investment Corporation Stock Up 16.2%
Shares of Chimera Investment Corporation ($CIM) traded around $13.36 on Monday, up 16.2% for the day.
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About Chimera Investment Corporation
Chimera Investment Corporation operates as a real estate investment trust (REIT) in the United States. It operates in two segments, Investment Portfolio and Residential Origination. The company, through its subsidiaries, invests in, originates, and manages a portfolio of mortgage assets, including residential mortgage loans, non-agency mortgage-backed securities, agency mortgage-backed securities, business purpose loans, investor loans, mortgage servicing rights, and other real estate-related assets. It also invests in investment grade, non-investment grade, and non-rated securities. In addition, the company offers third-party advisory services. The company qualifies as a REIT for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Chimera Investment Corporation was incorporated in 2007 and is headquartered in New York, New York.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.