ARMOUR Residential REIT, based in Vero Beach, Florida, invests in residential mortgage-backed securities and prioritizes long-term dividends over short-term market fluctuations. It is managed by ARMOUR Capital Management LP and went public on December 3, 2007.
ARR has been in the news recently: HelloSky, a talent intelligence platform, secured $5.5 million in seed funding and achieved over $1 million in annual recurring revenue (ARR) to improve its executive search capabilities. Meanwhile, MP Materials is working towards establishing a domestic rare earth supply chain in the U.S., a process that may take up to five years to decrease dependence on China.
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