New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Short Interest Up 71.6% in February

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

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.