Rithm Capital Corp (RITM)

[jugs]

I doubt that.

High yield plays ordinarily drop off a cliff following their going ex. It just went ex so this is hardly a surprise.

Also, there's three months to go before it again goes ex so without a rush to dive in, people are going to look for and find more promising plays with opportunity closer at hand.

I'm standing pat myself although not holding a large position.