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

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) saw a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 5,600 shares, a drop of 26.3% from the November 15th total of 7,600 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is currently 0.3 days.

New York Mortgage Trust Price Performance

New York Mortgage Trust stock traded up $0.05 during midday trading on Friday, reaching $25.15. The company’s stock had a trading volume of 8,408 shares, compared to its average volume of 14,902. The stock’s 50 day simple moving average is $24.78 and its 200 day simple moving average is $24.17. New York Mortgage Trust has a fifty-two week low of $22.12 and a fifty-two week high of $25.28.

New York Mortgage Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a $0.4922 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.97 annualized dividend and a dividend yield of 7.83%.

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.