New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Short Interest Down 51.7% in August

New York Mortgage Trust, Inc. (NASDAQ:NYMTNGet Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 11,100 shares, a decline of 51.7% from the August 15th total of 23,000 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 1.0 days.

New York Mortgage Trust Trading Up 0.0 %

Shares of New York Mortgage Trust stock traded up $0.01 during trading on Friday, reaching $22.53. The company’s stock had a trading volume of 12,640 shares, compared to its average volume of 9,250. New York Mortgage Trust has a 52 week low of $18.71 and a 52 week high of $22.64. The business’s 50-day moving average price is $21.53 and its 200-day moving average price is $21.61.

New York Mortgage Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Monday, July 1st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 8.88%. The ex-dividend date was Monday, July 1st.

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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