New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Sees Significant Drop in Short Interest

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 1,000 shares, a decrease of 63.0% from the April 15th total of 2,700 shares. Based on an average trading volume of 8,800 shares, the short-interest ratio is currently 0.1 days.

New York Mortgage Trust Trading Up 0.6 %

Shares of NASDAQ NYMTN traded up $0.13 during midday trading on Friday, hitting $20.69. The company’s stock had a trading volume of 8,050 shares, compared to its average volume of 9,126. The business’s fifty day simple moving average is $21.77 and its two-hundred day simple moving average is $21.19. New York Mortgage Trust has a 1 year low of $18.22 and a 1 year high of $22.60.

New York Mortgage Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 9.67%. The ex-dividend date of this dividend was Thursday, March 28th.

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.