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Shares of MFA Financial Inc. (MFA) inched 0.25% higher to $4.08 Monday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 1.31% to 14,354.90 and the Dow Jones Industrial Average rising 0.27% to 34,955.89. MFA Financial Inc. closed $0.82 short of 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 Monday, as PennyMac Mortgage Investment Trust (PMT) fell 0.35% to $16.91, Invesco Mortgage Capital Inc. (IVR) fell 1.33% to $2.22, and New York Mortgage Trust Inc. (NYMT) rose 0.83% to $3.65. Trading volume (3.4 M) remained 715,650 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2022.
(END) Dow Jones Newswires
March 28, 2022 17:07 ET (21:07 GMT)
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