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Shares of MFA Financial Inc. MFA rallied 1.62% to $13.17 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index COMP falling 0.18% to 12,368.98 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. This was the stock's sixth consecutive day of gains. MFA Financial Inc. closed $6.23 below its 52-week high ($19.40), which the company reached on September 2nd.
The stock outperformed some of its competitors Monday, as PennyMac Mortgage Investment Trust PMT rose 0.98% to $15.51, Invesco Mortgage Capital Inc. IVR fell 0.23% to $17.66, and New York Mortgage Trust Inc. NYMT rose 1.59% to $3.19. Trading volume (1.2 M) remained 375,553 below its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 17:07 ET (21:07 GMT)
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