New York Mortgage Trust, Inc. (NASDAQ:NYMTL – Get Free Report) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,500 shares, a drop of 21.1% from the February 13th total of 1,900 shares. Based on an average daily trading volume, of 20,600 shares, the days-to-cover ratio is currently 0.1 days.
New York Mortgage Trust Trading Up 0.3 %
Shares of NYMTL traded up $0.08 on Monday, reaching $21.76. The stock had a trading volume of 9,088 shares, compared to its average volume of 11,859. The company has a 50-day simple moving average of $22.11 and a 200-day simple moving average of $22.04. New York Mortgage Trust has a 12-month low of $19.05 and a 12-month high of $23.03.
About New York Mortgage Trust
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