New York Mortgage Trust, Inc. (NASDAQ:NYMTN – Get Free Report) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 10,800 shares, an increase of 54.3% from the November 15th total of 7,000 shares. Based on an average daily trading volume, of 10,800 shares, the short-interest ratio is currently 1.0 days.
New York Mortgage Trust Trading Up 0.0 %
Shares of NYMTN traded up $0.01 during mid-day trading on Friday, reaching $22.70. The stock had a trading volume of 4,468 shares, compared to its average volume of 9,634. The business’s fifty day moving average is $22.92 and its 200 day moving average is $22.18. New York Mortgage Trust has a 52-week low of $20.25 and a 52-week high of $23.56.
New York Mortgage Trust Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 8.81%. 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.
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