Insider Buying: Cherry Hill Mortgage Investment Corp CIO Buys 3,750 Shares of Stock (CHMI)
Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) CIO Jay Lown acquired 3,750 shares of the company’s stock in a transaction that occurred on Wednesday, October 9th. The shares were purchased at an average price of $20.00 per share, for a total transaction of $75,000.00. Following the completion of the purchase, the executive now directly owns 3,750 shares in the company, valued at approximately $75,000. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) traded down 0.80% on Wednesday, hitting $17.42. 102,741 shares of the company’s stock traded hands. Cherry Hill Mortgage Investment Corp has a one year low of $17.40 and a one year high of $18.60. The stock has a 50-day moving average of $17. and a 200-day moving average of $17.. The company’s market cap is $130.6 million.
Cherry Hill Mortgage Investment Corporation is a residential real estate finance company. The Company focuses to acquire, invest in and manage residential mortgage assets in the United States.
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