New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) Short Interest Up 400.0% in March

New York Mortgage Trust, Inc. (NASDAQ:NYMTZ) saw a significant increase in short interest in March. As of March 31st, there was short interest totalling 500 shares, an increase of 400.0% from the March 15th total of 100 shares. Based on an average daily trading volume, of 5,300 shares, the short-interest ratio is presently 0.1 days.

New York Mortgage Trust Stock Performance

NASDAQ NYMTZ traded up $0.13 during mid-day trading on Wednesday, hitting $17.79. The stock had a trading volume of 1,601 shares, compared to its average volume of 7,117. New York Mortgage Trust has a 52-week low of $16.75 and a 52-week high of $21.74. The company has a 50 day simple moving average of $18.84 and a 200 day simple moving average of $19.56.

New York Mortgage Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were paid a $0.4375 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 9.84%. 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.