Still Waiting Orchid Island Capital New Preferred Pricing

Smaller mREIT Orchid Island Capital (ORC) announced a new issue preferred earlier this week and we are still awaiting pricing.

I would expect we would see it priced tonight after the market close

When the issue does trade on its permanent exchange it will be under ticker ORC-A. It should trade on the OTC temporarily before permanent exchange trading, but no ticker has yet been announced.

One thought on “Still Waiting Orchid Island Capital New Preferred Pricing”

  1. FYI Vanguard just filed a 13g for ORC indicating 5.75% ownership of the common.

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