New York Mortgage Trust Inc., New York, has reported that a previously announced 1-for-5 reverse split of its common stock has prompted a change in its stock symbol from NMTG to NMTR on the OTC Bulletin Board.The company said its transfer agent is sending shareholders instructions on how to exchange their current common shares for new shares. New York Mortgage Trust is a real estate investment trust that invests in and manages residential adjustable-rate mortgage loans and mortgage-backed securities.
NY Mortgage Trust Gets New OTC Symbol
October 09, 2007, 2:00 p.m. EDT 1 Min Read
