Mercer Robert JR Buys Shares of CHMI $CHMI
Key Points
- Mercer Robert JR bought 42,017 shares of Cherry Hill Mortgage Investment Corporation ($CHMI).
- $CHMI last traded around $2.38.
Mercer Robert JR, insider at Cherry Hill Mortgage Investment Corporation ($CHMI), bought 42,017 shares at an average price of $0.00. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
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About Cherry Hill Mortgage Investment Corporation
Cherry Hill Mortgage Investment Corporation, a residential real estate finance company, acquires, invests, and manages residential mortgage assets in the United States. It operates in two segments, Investments in RMBS and Investments in Servicing Related Assets. The trust qualifies as a real estate investment trust for federal income tax purposes. The company has elected to be taxed as a real estate investment trust (REIT) and would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. Cherry Hill Mortgage Investment Corporation was incorporated in 2012 and is based in Tinton Falls, New Jersey.
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