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

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 10,800 shares, an increase of 54.3% from the November 15th total of 7,000 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 1.0 days.

New York Mortgage Trust Stock Performance

Shares of NYMTN traded up $0.01 during trading hours on Friday, hitting $22.70. The stock had a trading volume of 4,468 shares, compared to its average volume of 9,634. The firm has a 50 day simple moving average of $22.92 and a 200-day simple moving average of $22.19. New York Mortgage Trust has a 1-year low of $20.25 and a 1-year high of $23.56.

New York Mortgage Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Wednesday, January 1st will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, December 31st. This represents a $2.00 dividend on an annualized basis and a yield of 8.81%.

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.