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Shares of MFA Financial Inc. MFA inched 0.44% higher to $11.53 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index COMP falling 1.87% to 11,562.57 and Dow Jones Industrial Average DJIA falling 0.71% to 31,761.54. This was the stock's second consecutive day of gains. MFA Financial Inc. closed $7.87 below 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 0.14% to $14.50, Invesco Mortgage Capital Inc. IVR rose 0.56% to $16.04, and New York Mortgage Trust Inc. NYMT fell 1.02% to $2.91. Trading volume (1.1 M) remained 523,800 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 26, 2022.
(END) Dow Jones Newswires
July 26, 2022 17:07 ET (21:07 GMT)
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