New York Mortgage Trust, Inc. (NASDAQ:NYMTM – Get Free Report) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 14,100 shares, a growth of 24.8% from the January 15th total of 11,300 shares. Based on an average trading volume of 17,300 shares, the short-interest ratio is presently 0.8 days.
New York Mortgage Trust Stock Performance
Shares of NASDAQ NYMTM remained flat at $25.31 during mid-day trading on Friday. 4,497 shares of the stock were exchanged, compared to its average volume of 14,510. The stock has a 50 day moving average of $25.09 and a 200 day moving average of $24.61. New York Mortgage Trust has a 52 week low of $22.12 and a 52 week high of $25.36.
New York Mortgage Trust Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st were paid a $0.4922 dividend. This represents a $1.97 annualized dividend and a yield of 7.78%. The ex-dividend date was Tuesday, December 31st.
New York Mortgage Trust Company Profile
New York Mortgage Trust, Inc acquires, invests in, finances, and manages mortgage-related single-family and multi-family residential assets in the United States. Its targeted investments include residential loans, including business purpose loans; structured multi-family property investments, such as preferred equity in, and mezzanine loans to owners of multi-family properties; non-agency residential mortgage-backed securities (RMBS); agency RMBS; commercial mortgage-backed securities (CMBS); single-family rental properties; and other mortgage, residential housing, and credit-related assets.
See Also
- Five stocks we like better than New York Mortgage Trust
- What is the S&P 500 and How It is Distinct from Other Indexes
- Symbotic Shares Down 37%—Is It Time for Bravery or Caution?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- High-Yield Healthcare: 3 Stocks With Strong Dividends
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Beyond the Bargain Bin: 3 Stocks Leading Discount Retail
Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.