Ellington Financial (EFC) announces a 5M share secondary which will add about 25% to the current...

|About: Ellington Financial LLC (EFC)|By:, SA News Editor

Ellington Financial (EFC) announces a 5M share secondary which will add about 25% to the current float. Shares were off 1.3% to $26.30 in regular session today as traders maybe sold ahead of the move given last night's announced book value of $25.03. The stock's off 3.2% AH to $25.45. (PR)