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

New York Mortgage Trust, Inc. (NASDAQ:NYMTM) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 15,000 shares, a growth of 167.9% from the November 30th total of 5,600 shares. Based on an average trading volume of 16,000 shares, the short-interest ratio is presently 0.9 days.

New York Mortgage Trust Stock Up 0.2 %

Shares of New York Mortgage Trust stock traded up $0.06 during trading on Friday, reaching $25.08. The company’s stock had a trading volume of 32,321 shares, compared to its average volume of 14,902. The company has a 50-day simple moving average of $24.97 and a two-hundred day simple moving average of $24.28. New York Mortgage Trust has a 1-year low of $22.12 and a 1-year high of $25.28.

New York Mortgage Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be paid a dividend of $0.4922 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.97 dividend on an annualized basis and a dividend yield of 7.85%.

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.