Arlington Asset announces secondary offering

|About: Arlington Asset Investme... (AI)|By:, SA News Editor

Arlington Asset Investment (AI) is selling 2.75M shares with underwriter greenshoe of another 412.5K shares. The current float is 16.6M shares. Today's closing price of $28.38 is a 14.3% discount to Dec. 31 book value.

Shares -3% AH