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

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 500 shares, an increase of 400.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 0.1 days.

New York Mortgage Trust Stock Up 1.3 %

Shares of New York Mortgage Trust stock traded up $0.22 during trading hours on Monday, reaching $17.08. 5,749 shares of the company were exchanged, compared to its average volume of 7,154. The stock’s fifty day moving average is $18.93 and its 200 day moving average is $19.60. New York Mortgage Trust has a 1 year low of $16.75 and a 1 year high of $21.74.

New York Mortgage Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be paid a $0.4375 dividend. This represents a $1.75 annualized dividend and a dividend yield of 10.25%. The ex-dividend date is Tuesday, April 1st.

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.