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Shares of MFA Financial Inc. (MFA) inched 0.48% higher to $4.22 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the NASDAQ Composite Index rising 2.92% to 12,948.62 and the Dow Jones Industrial Average rising 1.82% to 33,544.34. This was the stock's third consecutive day of gains. MFA Financial Inc. closed $0.68 below its 52-week high ($4.90), which the company reached on June 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as PennyMac Mortgage Investment Trust (PMT) rose 1.24% to $16.28, Invesco Mortgage Capital Inc. (IVR) rose 0.46% to $2.18, and New York Mortgage Trust Inc. (NYMT) rose 0.82% to $3.67. Trading volume (2.4 M) remained 1.6 million below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2022.
(END) Dow Jones Newswires
March 15, 2022 17:09 ET (21:09 GMT)
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