New York Mortgage Trust, Inc. (NASDAQ:NYMTL – Get Free Report) shares rose 0.2% on Thursday . The stock traded as high as $22.31 and last traded at $22.31. Approximately 1,437 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 7,927 shares. The stock had previously closed at $22.26.
New York Mortgage Trust Trading Up 0.2%
The business’s 50-day moving average is $22.35 and its 200-day moving average is $22.06.
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.
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