AAIC - New Shares Pumped

February, 01 2021 07:05 PM Arlington Asset Investment Corp Class A (new)

As predicted, IVR issues new shares. You can’t be surprised, we told you on 1/26/2021 that IVR should be looking to issue shares.
Shares of IVR just closed at $4.01, which is about equal to management’s stated BV range for 1/31/2021 of $4.00 to $4.10.
We remain bearish on IVR and MITT and believe both should issue shares whenever they get an opportunity near BV and especially above BV.
In this series, we’re providing readers with the discounts to trailing book values throughout the sector and a few notes on the current environment.
When we provide an index card for an individual mortgage REIT, it includes our most recent estimate on book values.

For further details see:

Company Name:	Arlington Asset Investment Corp Class A (new)
Stock Symbol:	AAIC
Market:	NYSE
Website:	arlingtonasset.com