Short Interest in New York Mortgage Trust, Inc. (NASDAQ:NYMTN) Declines By 88.8%

New York Mortgage Trust, Inc. (NASDAQ:NYMTN) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,700 shares, a decrease of 88.8% from the March 31st total of 24,000 shares. Based on an average trading volume of 8,400 shares, the short-interest ratio is presently 0.3 days.

New York Mortgage Trust Stock Down 1.7 %

NASDAQ:NYMTN traded down $0.37 during trading hours on Thursday, hitting $21.23. 4,094 shares of the company were exchanged, compared to its average volume of 8,849. New York Mortgage Trust has a one year low of $18.20 and a one year high of $22.60. The company has a fifty day simple moving average of $21.93 and a 200 day simple moving average of $21.09.

New York Mortgage Trust Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Monday, April 1st were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 9.42%. The ex-dividend date was Thursday, March 28th.

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.