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Shares of MFA Financial Inc. MFA inched 0.72% higher to $11.17 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.95% to 11,264.73 and Dow Jones Industrial Average DJIA falling 0.62% to 30,981.33. MFA Financial Inc. closed $8.23 short of its 52-week high ($19.40), which the company reached on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as PennyMac Mortgage Investment Trust PMT fell 0.61% to $14.58, Invesco Mortgage Capital Inc. IVR rose 2.11% to $14.49, and New York Mortgage Trust Inc. NYMT rose 0.36% to $2.80. Trading volume (1.1 M) remained 745,945 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 12, 2022.
(END) Dow Jones Newswires
July 12, 2022 17:10 ET (21:10 GMT)
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