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Regional settings| Spread | 0.06 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | -0.026179% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | 0.003957% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | USD | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | United States of America | ||||
| Commission on trade1 | 0% |
Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 5.04 |
| Open | 5.03 |
| 1-Year Change | 1% |
| Day's Range | 4.98 - 5.07 |
Manhattan Bridge Capital, Inc. (MBC) is a real estate finance company. The Company specializes in originating, servicing and managing portfolio of first mortgage loans. The Company offers short-term, secured, non-banking loans (hard money loans) to real estate investors to fund their acquisition, renovation, rehabilitation or improvement of properties located in the New York metropolitan area, including New Jersey and Connecticut, and in Florida. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are not income producing. Its each loan is secured by a first mortgage lien on real estate. It manages a portfolio of approximately 110 loans secured primarily by residential properties.
BRIEF: For the fiscal year ended 31 December 2021, Manhattan Bridge Capital Inc. revenues decreased 3% to $6.8M. Net income increased 5% to $4.4M. Revenues reflect Interest income from loans decrease of 6% to $5.6M. Net income reflects Interest and amortization of debtservice decrease of 23% to $1M (expense), General and administrative expenses decrease of 6% to $1.3M (expense). Dividend per share decreased from $0.54 to $0.49.
Common Stock $.001 Par, 12/10, 25M auth., 3,405,190 issd., less 80,731 of shs. in Treas. @ $241K. Insiders control approx. 59.31%. IPO: 5/99,1,325,000 shares @$6.50 by Paulson Investment Company, Inc. 07/08, Name changed from DAG Media Inc.
