Arbor Realty: I'm Buying The Dip For The 13.4% Dividend Yield
Arbor(ABR) Seeking Alpha·2024-07-16 00:08
pastorscott/iStock via Getty Images Like clockwork, negative news on the back of the bearish short reports on Arbor Realty Trust, Inc. (NYSE:ABR) drops just as the mortgage REIT forms new highs against its highly secured dividend and the rising market confidence of a long-awaited Fed rate cut being made in September. I've previously flagged this seesaw of volatility, crystalized by a short interest of 69,700,000 shares, which forms 31.3% of ABR's diluted weighted average shares outstanding as one of the mos ...