Shares of Sachem Capital Corp. 7.125% Not (OTCMKTS:SCCB – Get Free Report) traded down 0% during mid-day trading on Friday. The company traded as low as $24.98 and last traded at $24.98. 400 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 3,395 shares. The stock had previously closed at $24.99.
Sachem Capital Corp. 7.125% Not Stock Performance
The business’s 50 day simple moving average is $24.98 and its 200-day simple moving average is $24.98.
Sachem Capital Corp. 7.125% Not Company Profile
Sachem Capital Corp. is a real estate finance company organized as a mortgage real estate investment trust (REIT). Through its subsidiaries, the company originates, underwrites, funds, services and manages a portfolio of short-term loans secured by first mortgages on residential and commercial properties. The company generally provides financing to real estate investors, developers and other borrowers who may need flexible funding for property acquisitions, construction, renovations, refinancing or other real estate-related purposes.
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