New York Mortgage Trust, Inc. (NASDAQ:NYMTM) Short Interest Down 41.1% in October

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 6,600 shares, a decline of 41.1% from the October 15th total of 11,200 shares. Based on an average daily volume of 16,400 shares, the days-to-cover ratio is currently 0.4 days.

New York Mortgage Trust Price Performance

NASDAQ NYMTM opened at $25.00 on Wednesday. The firm’s 50-day simple moving average is $24.43 and its two-hundred day simple moving average is $23.96. New York Mortgage Trust has a 52 week low of $21.59 and a 52 week high of $25.04.

New York Mortgage Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 1st were given a $0.4922 dividend. This represents a $1.97 annualized dividend and a dividend yield of 7.88%. The ex-dividend date of this dividend was Tuesday, October 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.