New York Mortgage Trust Stock (NASDAQ:NYMTH)
Previous Close
$25.50
52W Range
$24.85 - $25.74
50D Avg
$25.19
200D Avg
$25.19
Market Cap
$2.31B
Avg Vol (3M)
$27.30K
Beta
1.39
Div Yield
$0.57 (10.45%)
NYMTH Company Profile
New York Mortgage Trust, Inc. (NYMT) has offered senior unsecured debt securities to obtain an initial $85 million. The offering includes a greenshoe option allowing for the potential issuance of an additional $12.75 million. The capital raised from these notes is designated for NYMT's general operational needs, specifically including the acquisition of new assets, and will disburse interest payments to investors every three months.