Great Ajax Corp. (NYSE:AJX) Short Interest Down 10.1% in July

Great Ajax Corp. (NYSE:AJX) 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

Several institutional investors and hedge funds have recently modified their holdings of AJX. Simplex Trading LLC increased its position in shares of Great Ajax by 73.5% in the fourth quarter. Simplex Trading LLC now owns 5,946 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 2,518 shares during the last quarter. Algert Global LLC purchased a new position in Great Ajax in the 2nd quarter worth approximately $43,000. Sei Investments Co. grew its stake in Great Ajax by 16.6% in the 2nd quarter. Sei Investments Co. now owns 26,641 shares of the real estate investment trust’s stock worth $95,000 after buying an additional 3,800 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Great Ajax in the 2nd quarter worth $98,000. Finally, Jump Financial LLC purchased a new stake in shares of Great Ajax during the 4th quarter valued at $115,000. Hedge funds and other institutional investors own 58.60% of the company’s stock.

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.