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0 0 0 0 0.0014903129657229 0.00135618479880777 -0.0134128166915052 -0.0158718330849478
Stock impact report

Ellington Residential Rebrands as Ellington Credit Company [Yahoo! Finance]

Ellington Credit Company Common Shares of Beneficial Interest (EARN) 
Last ellington credit company common shares of beneficial interest earnings: 5/2 05:27 pm Check Earnings Report
US:NYSE Investor Relations: ir.earnreit.com
Company Research Source: Yahoo! Finance
that it has rebranded as Ellington Credit Company as part of its strategic transformation to focus on corporate collateralized loan obligations ("CLOs"). Specifically, the Company has taken the following actions, effective today: changed its name to Ellington Credit Company and amended its declaration of trust and bylaws accordingly; and updated its web address to www.ellingtoncredit.com Laurence Penn, the Company's Chief Executive Officer, commented, "We continue to make great progress in pivoting EARN's investment strategy to focus on corporate CLOs, thus leveraging Ellington's longstanding and successful record of investing in this highly attractive asset class, which has produced excellent returns for EARN to date. As part of this strategic transformation, we have rebranded EARN as Ellington Credit Company." The Company will continue to be listed on the New York Stock Exchange ("NYSE") under its ticker symbol "EARN," and the name change will take effect with NYSE on Apri Show less Read more
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