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

New York Mortgage Trust, Inc. (NASDAQ:NYMTL) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 1,900 shares, a decrease of 51.3% from the January 31st total of 3,900 shares. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 0.1 days.

New York Mortgage Trust Stock Down 1.1 %

Shares of NASDAQ:NYMTL traded down $0.25 during mid-day trading on Monday, hitting $22.05. The stock had a trading volume of 18,397 shares, compared to its average volume of 7,150. The company’s 50 day moving average is $22.24 and its 200-day moving average is $21.97. New York Mortgage Trust has a 12-month low of $18.91 and a 12-month high of $23.03.

New York Mortgage Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st were issued a $0.4297 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.79%.

About New York Mortgage Trust

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.