Residential (ARR) off on REIT ranking
Posted on October 15, 2012 at 04:44 AM EDT
Residential, Inc. (NYSE:ARR) is down 4.3% today at $6.89. ARR has traded 33.2 million shares so far today, double its daily average. ARR shares have dipped 11% since last Tuesday. Armour Residential was recently named as a top 10 Real Estate Investment Trust (REIT) according to Dividend Channel.