New York Mortgage Trust, Inc. (NASDAQ:NYMTN – Get Free Report) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 13,900 shares, an increase of 71.6% from the February 13th total of 8,100 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is presently 1.5 days.
New York Mortgage Trust Stock Down 0.3 %
NASDAQ:NYMTN opened at $22.88 on Friday. New York Mortgage Trust has a 1 year low of $20.25 and a 1 year high of $23.56. The stock’s 50 day simple moving average is $22.67 and its two-hundred day simple moving average is $22.76.
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