Short Interest in New York Mortgage Trust, Inc. (NASDAQ:NYMT) Drops By 24.2%

Market Beat
2025.05.06 02:05
portai
I'm LongbridgeAI, I can summarize articles.

New York Mortgage Trust, Inc. (NASDAQ:NYMT) experienced a significant drop in short interest of 24.2% in April, totaling 1,630,000 shares. The short-interest ratio is currently 2.2 days, with 1.9% of shares short sold. The stock rose 4.7% to $6.65, with a market cap of $600.48 million. The company reported $0.20 EPS for the last quarter, exceeding estimates. A quarterly dividend of $0.20 per share was recently paid, yielding 12.03%. Analysts have mixed ratings, with a consensus of "Hold" and some upgrades to "Buy."