Blackstone Mortgage (BMXT) stock: Inverse H&S patterns form
Blackstone(BX) Invezz·2024-01-04 22:26
Blackstone Mortgage Trust (NYSE: BXMT) stock price has remained in a tight range in the past few weeks. The stock was trading at $20 on Thursday, a few points below last month’s high of $22.57. It has risen by over 40% from its 2023 lows even as its short interest has risen to 16.65%.Mixed picture fundamentallyCopy link to sectionBlackstone Mortgage Trust exists in an industry that has become modestly hated in the current high-interest rate environment. It is an mREIT, which provides senior secured loans mo ...