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

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) saw a significant growth in short interest in May. As of May 31st, there was short interest totalling 7,800 shares, a growth of 66.0% from the May 15th total of 4,700 shares. Based on an average daily trading volume, of 28,600 shares, the short-interest ratio is currently 0.3 days.

New York Mortgage Trust Stock Down 0.0%

Shares of NYMTM traded down $0.01 during trading hours on Tuesday, hitting $24.79. 2,759 shares of the stock were exchanged, compared to its average volume of 20,272. The stock’s 50-day moving average price is $24.26 and its two-hundred day moving average price is $24.69. New York Mortgage Trust has a 12-month low of $22.12 and a 12-month high of $25.39.

New York Mortgage Trust Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Tuesday, July 1st will be given a $0.6918 dividend. The ex-dividend date of this dividend is Tuesday, July 1st.

About New York Mortgage Trust

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.