Redwood Trust (RWT) Shares Cross Below 200 DMA

In trading on Tuesday, shares of Redwood Trust Inc. (RWT) crossed below their 200 day moving average of $19.34, changing hands as low as $19.23 per share. Redwood Trust Inc. shares are currently trading down about 1.5% on the day. The chart below shows the one year performance of RWT shares, versus its 200 day moving average:

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Redwood Trust Inc. 200 Day Moving Average Chart

Looking at the chart above, RWT's low point in its 52 week range is $15.97 per share, with $21.90 as the 52 week high point — that compares with a last trade of $19.26.

According to the ETF Finder at ETF Channel, RWT makes up 2.32% of the iShares Mortgage Real Estate Capped ETF ( REM) which is trading up by about 0.2% on the day Tuesday.

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