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

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) was the target of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 10,800 shares, a growth of 54.3% from the November 15th total of 7,000 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is currently 1.0 days.

New York Mortgage Trust Stock Up 0.0 %

NYMTN traded up $0.01 during trading hours on Friday, reaching $22.70. The company’s stock had a trading volume of 4,468 shares, compared to its average volume of 9,634. New York Mortgage Trust has a 52 week low of $20.25 and a 52 week high of $23.56. The company’s 50-day moving average is $22.92 and its 200-day moving average is $22.19.

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 $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 8.81%. The ex-dividend date is Tuesday, December 31st.

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.