New York Mortgage Trust (NASDAQ:NYMTZ) Shares Down 0.5%

New York Mortgage Trust, Inc. (NASDAQ:NYMTZGet Free Report) shares were down 0.5% during trading on Tuesday . The stock traded as low as $19.74 and last traded at $19.75. Approximately 7,017 shares traded hands during trading, a decline of 11% from the average daily volume of 7,894 shares. The stock had previously closed at $19.85.

New York Mortgage Trust Stock Down 0.5 %

The stock has a 50 day simple moving average of $18.44 and a two-hundred day simple moving average of $17.96.

About New York Mortgage Trust

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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.

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