MORT Makes Bullish Cross Above Critical Moving Average

In trading on Thursday, shares of the Mortgage REIT Income ETF (MORT) crossed above their 200 day moving average of $24.03, changing hands as high as $24.08 per share. Mortgage REIT Income shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of MORT shares, versus its 200 day moving average:

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Mortgage REIT Income 200 Day Moving Average Chart

Looking at the chart above, MORT's low point in its 52 week range is $19.70 per share, with $29.90 as the 52 week high point — that compares with a last trade of $24.08.

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