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Shares of MFA Financial Inc. MFA inched 0.18% higher to $11.35 Wednesday, on what proved to be an all-around great trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.58% to 11,897.65 and the Dow Jones Industrial Average DJIA rising 0.15% to 31,874.84. This was the stock's second consecutive day of gains. MFA Financial Inc. closed $8.05 short of its 52-week high ($19.40), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as PennyMac Mortgage Investment Trust PMT rose 0.63% to $14.39, Invesco Mortgage Capital Inc. IVR rose 1.69% to $15.60, and New York Mortgage Trust Inc. NYMT rose 0.35% to $2.87. Trading volume (862,953) remained 896,903 below its 50-day average volume of 1.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 20, 2022.
(END) Dow Jones Newswires
July 20, 2022 17:07 ET (21:07 GMT)
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