New York Mortgage Trust, Inc. (NASDAQ:NYMTM – Get Free Report)’s share price traded up 0.1% during trading on Tuesday . The stock traded as high as $25.6945 and last traded at $25.6250. Approximately 10,769 shares traded hands during trading, a decline of 41% from the average session volume of 18,355 shares. The stock had previously closed at $25.60.
New York Mortgage Trust Stock Down 0.2%
The business has a fifty day moving average of $25.34 and a 200 day moving average of $25.23.
About New York Mortgage Trust
New York Mortgage Trust, Inc is a mortgage real estate investment trust (REIT) that seeks to provide shareholders with attractive risk-adjusted returns through the acquisition and management of a diversified portfolio of residential mortgage-related assets. The company primarily invests in agency and non-agency residential mortgage-backed securities (RMBS), residential whole loans, mortgage servicing rights (MSRs) and related derivative instruments. By combining a range of mortgage asset classes, New York Mortgage Trust aims to capitalize on opportunities across the credit spectrum and under varying interest rate environments.
In addition to its core RMBS holdings, the company pursues investments in private-label residential securities, home equity loans and other structured products tied to U.S.
Featured Stories
- Five stocks we like better than New York Mortgage Trust
- Aeluma’s Selloff Could Be Setting Up Its Next Big Move
- Crypto Bill Stalls, Smart Money Calls: Time to Buy the Dip?
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
Receive News & Ratings for New York Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter.
