Great Ajax Corp. (NYSE:AJX – Get Free Report) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 220,600 shares, a drop of 10.1% from the July 15th total of 245,400 shares. Based on an average daily volume of 117,600 shares, the short-interest ratio is presently 1.9 days.
Great Ajax Stock Down 3.7 %
AJX opened at $3.40 on Tuesday. The firm has a market capitalization of $134.52 million, a P/E ratio of -0.84 and a beta of 1.88. Great Ajax has a one year low of $3.11 and a one year high of $6.81. The company has a fifty day moving average price of $3.55 and a 200-day moving average price of $3.76. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.89 and a quick ratio of 1.89.
Great Ajax Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Thursday, August 15th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 7.06%. The ex-dividend date is Thursday, August 15th. Great Ajax’s payout ratio is -5.96%.
Institutional Trading of Great Ajax
Great Ajax Company Profile
Great Ajax Corp. operates as a mortgage real estate investment trust. It acquires re-performing and non-performing loans; acquires or originates small balance commercial mortgage loans that are secured by multi-family residential and commercial mixed use retail/residential properties; and invests in single-family and smaller commercial properties.
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