Insider Selling: Cherry Hill Mortgage Investment Corp Major Shareholder Sells 208,855 Shares of Stock (CHMI)
Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) major shareholder Citadel Gp Llc unloaded 208,855 shares of Cherry Hill Mortgage Investment Corp stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $17.82, for a total value of $3,721,796.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Shares of Cherry Hill Mortgage Investment Corp (NASDAQ:CHMI) traded down 0.80% during mid-day trading on Wednesday, hitting $17.42. 102,741 shares of the company’s stock traded hands. Cherry Hill Mortgage Investment Corp has a 52 week low of $17.40 and a 52 week 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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