Looks to me like some hedge fund dumped their shares for a margin call or something. Arr has been seeing hedgies reduce as well. As long as cooperman is still on board this is just a short term blip.
Thats big part of CIM problem ,no financials! AKA no news!
RSO is down almost the same percentage.
Rumors of rising interest rates this morning on the 3 financial networks MIGHT be fueling this.