New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Short Interest Down 51.4% in May

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 10,700 shares, a decrease of 51.4% from the April 30th total of 22,000 shares. Based on an average daily volume of 9,000 shares, the days-to-cover ratio is presently 1.2 days.

New York Mortgage Trust Trading Down 0.2%

NASDAQ:NYMTN opened at $21.67 on Friday. New York Mortgage Trust has a one year low of $19.21 and a one year high of $23.56. The company has a fifty day moving average price of $21.44 and a 200 day moving average price of $22.23.

New York Mortgage Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 1st were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 9.23%. The ex-dividend date was Tuesday, April 1st.

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.