Short Interest in New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) Decreases By 32.5%

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 2,700 shares, a decrease of 32.5% from the January 31st total of 4,000 shares. Based on an average daily volume of 5,200 shares, the days-to-cover ratio is presently 0.5 days.

New York Mortgage Trust Stock Up 0.0 %

Shares of New York Mortgage Trust stock traded up $0.01 during trading on Tuesday, reaching $19.14. The company’s stock had a trading volume of 5,980 shares, compared to its average volume of 7,323. New York Mortgage Trust has a 1-year low of $16.60 and a 1-year high of $21.74. The company has a 50-day simple moving average of $19.26 and a two-hundred day simple moving average of $19.88.

New York Mortgage Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Wednesday, January 1st were paid a $0.4375 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.75 dividend on an annualized basis and a yield of 9.15%.

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.