New York Mortgage Trust, Inc. (NASDAQ:NYMTM) Short Interest Update

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 15,000 shares, an increase of 167.9% from the November 30th total of 5,600 shares. Based on an average trading volume of 16,000 shares, the short-interest ratio is currently 0.9 days.

New York Mortgage Trust Price Performance

NASDAQ NYMTM traded up $0.06 during trading hours on Friday, reaching $25.08. The stock had a trading volume of 32,321 shares, compared to its average volume of 14,902. New York Mortgage Trust has a 52-week low of $22.12 and a 52-week high of $25.28. The stock has a fifty day moving average of $24.97 and a 200 day moving average of $24.28.

New York Mortgage Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be given a dividend of $0.4922 per share. This represents a $1.97 annualized dividend and a yield of 7.85%. The ex-dividend date is 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.