New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) Short Interest Up 25.9% in February

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 3,400 shares, a growth of 25.9% from the February 13th total of 2,700 shares. Based on an average daily trading volume, of 5,400 shares, the days-to-cover ratio is currently 0.6 days.

New York Mortgage Trust Stock Performance

NASDAQ:NYMTZ traded up $0.20 during trading hours on Monday, reaching $19.26. The stock had a trading volume of 734 shares, compared to its average volume of 7,118. The stock has a 50 day simple moving average of $19.28 and a 200 day simple moving average of $19.91. New York Mortgage Trust has a 12-month low of $16.90 and a 12-month high of $21.74.

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.