In a filing, Granite Point Mortgage Trust Inc revealed its Director DEHNE TANUJA M unloaded Company’s shares for reported $22476.0 on Jun 09 ’25. In the deal valued at $2.55 per share,8,814 shares were sold. As a result of this transaction, DEHNE TANUJA M now holds 77,152 shares worth roughly $0.19 million.
Then, KASNET STEPHEN G sold 41,666 shares, generating $106,248 in total proceeds. Upon selling the shares at $2.55, the Director now owns 183,566 shares.
Before that, KASNET STEPHEN G bought 41,666 shares. Granite Point Mortgage Trust Inc shares valued at $108,748 were divested by the Director at a price of $2.61 per share.
Keefe Bruyette upgraded its Granite Point Mortgage Trust Inc [GPMT] rating to a Mkt perform from a an Underperform in a research note published on December 10, 2024; the price target was increased to $3.25 from $3. A number of analysts have revised their coverage, including JMP Securities’s analysts, who decreased its forecast for the stock in mid February from “a Mkt outperform” to “a Mkt perform”. UBS began covering GPMT with “Buy” recommendation on December 06, 2023. Keefe Bruyette revised its rating on December 15, 2022. It rated GPMT as “an Underperform” which previously was an “a Mkt perform”.
Price Performance Review of GPMT
On Friday, Granite Point Mortgage Trust Inc [NYSE:GPMT] saw its stock fall -6.11% to $2.46. Over the last five days, the stock has gained 1.65%. Granite Point Mortgage Trust Inc shares have fallen nearly -14.58% since the year began. Nevertheless, the stocks have fallen -11.83% over the past one year. While a 52-week high of $3.66 was reached on 02/13/25, a 52-week low of $1.61 was recorded on 04/21/25.
Levels Of Support And Resistance For GPMT Stock
The 24-hour chart illustrates a support level at 2.40, which if violated will result in even more drops to 2.34. On the upside, there is a resistance level at 2.58. A further resistance level may holdings at 2.71.
How much short interest is there in Granite Point Mortgage Trust Inc?
A steep rise in short interest was recorded in Granite Point Mortgage Trust Inc stocks on 2025-06-13, growing by 0.22 million shares to a total of 1.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.42 million shares. There was a rise of 13.38%, which implies that there is a positive sentiment for the stock.
