Nothing to do with shorts, this is normal and predictable (see my posts from a few days ago).
NYMT is soft because we are in the danger zone for an offering. I sort of doubt that they will do one this time BUT we just went ex- and we are a 10% premium to book . . . must be awfully tempting. We will know for sure next week.
If they do an offering there will be an opportunity to load up in the $6.80-$6.90 range.