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NEW YORK ( TheStreet) -- ARMOUR Residential REIT (NYSE: ARR) hit a new 52-week low Friday as it is currently trading at $4.21, below its previous 52-week low of $4.23 with 5.4 million shares traded as of 10:26 a.m. ET. Average volume has been 7.8 million shares over the past 30 days. ARMOUR Residential REIT has a market cap of $1.75 billion and is part of the financial sector and real estate industry. Shares are down 28.7% year to date as of the close of trading on Wednesday. ARMOUR Residential REIT, Inc. is a real estate investment trust launched and managed by ARMOUR Residential Management LLC. It invests in the real estate markets of the United States.