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Shares of MFA Financial Inc. MFA advanced 1.32% to $11.50 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.36% to 12,059.61 and the Dow Jones Industrial Average DJIA rising 0.51% to 32,036.90. This was the stock's third consecutive day of gains. MFA Financial Inc. closed $7.90 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 Thursday, as PennyMac Mortgage Investment Trust PMT rose 1.67% to $14.63, Invesco Mortgage Capital Inc. IVR rose 1.73% to $15.87, and New York Mortgage Trust Inc. NYMT rose 1.05% to $2.90. Trading volume (713,674) remained 1.0 million below its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 21, 2022.
(END) Dow Jones Newswires
July 21, 2022 17:07 ET (21:07 GMT)
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