New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Short Interest Up 22.9% in March

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 11,800 shares, a growth of 22.9% from the March 15th total of 9,600 shares. Based on an average trading volume of 9,600 shares, the short-interest ratio is presently 1.2 days.

New York Mortgage Trust Stock Up 1.0 %

Shares of NASDAQ:NYMTN traded up $0.21 during midday trading on Friday, hitting $20.86. The company had a trading volume of 2,149 shares, compared to its average volume of 9,673. New York Mortgage Trust has a 12 month low of $19.21 and a 12 month high of $23.56. The firm has a fifty day simple moving average of $22.14 and a 200 day simple moving average of $22.53.

New York Mortgage Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st were given a $0.50 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 9.59%.

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.