New York Mortgage Trust, Inc. (NASDAQ:NYMTL – Get Free Report)’s stock price shot up 0.1% during trading on Wednesday . The company traded as high as $22.2250 and last traded at $22.22. 14,377 shares were traded during trading, an increase of 81% from the average session volume of 7,927 shares. The stock had previously closed at $22.2050.
New York Mortgage Trust Stock Performance
The stock’s 50-day moving average is $22.27 and its 200 day moving average is $21.93.
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.
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