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

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 18,200 shares, a growth of 27.3% from the February 28th total of 14,300 shares. Based on an average daily trading volume, of 22,200 shares, the short-interest ratio is presently 0.8 days.

New York Mortgage Trust Trading Down 0.1 %

Shares of New York Mortgage Trust stock opened at $24.06 on Thursday. New York Mortgage Trust has a twelve month low of $22.12 and a twelve month high of $25.39. The company has a 50-day simple moving average of $25.00 and a two-hundred day simple moving average of $24.86.

New York Mortgage Trust Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 1st will be given a $0.687 dividend. This represents a $2.75 dividend on an annualized basis and a dividend yield of 11.42%. This is an increase from New York Mortgage Trust’s previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, April 1st.

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.