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​Lee Cooperman Boosts PennyMac Mortgage Investment Trust Stake

Omega Advisors' founder Lee Cooperman has filed a 13G on shares of PennyMac Mortgage Investment Trust (PMT). Per the filing, Cooperman now owns 5.17% of the company with over 3.86 million shares.

This is up from the 2.6 million shares Cooperman owned as of the end of the second quarter. The new filing was made due to activity on September 4th.

Read more: http://www.marketfolly.com/2015/09/lee-cooperman-boosts-penn...