American Residential Investment Trust Inc., San Diego, has announced that the trading of its common stock will move from the New York Stock Exchange to the American Stock Exchange Jan. 31 as a result of its plan to relinquish its status as a real estate investment trust.The decision to change status during the first quarter means the company would be unable to meet the NYSE's continued listing standards. American Residential, which traditionally invested in subprime residential mortgage assets, began originating mortgages last year through its mortgage banking subsidiary, American Mortgage Network. American Residential can be found on the Web at http://www.amerreit.com.
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