Tremont Mortgage Trust (NASDAQ:TRMT) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, a growth of 383.3% from the December 15th total of 600 shares. Based on an average daily volume of 42,300 shares, the short-interest ratio is currently 0.1 days.
NASDAQ TRMT opened at $4.04 on Thursday. The business has a 50 day simple moving average of $4.24 and a 200 day simple moving average of $3.30. Tremont Mortgage Trust has a one year low of $1.63 and a one year high of $6.86. The stock has a market capitalization of $33.54 million, a P/E ratio of 4.49 and a beta of 1.59. The company has a debt-to-equity ratio of 2.27, a current ratio of 14.89 and a quick ratio of 14.89.
Tremont Mortgage Trust (NASDAQ:TRMT) last released its earnings results on Tuesday, November 3rd. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. Tremont Mortgage Trust had a return on equity of 8.52% and a net margin of 60.51%.
About Tremont Mortgage Trust
Tremont Mortgage Trust, a real estate investment trust (REIT), focuses on originating and investing in first mortgage loans secured by middle market and transitional commercial real estate in the United States. The company qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders.
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