StocksMedium•29 October 2026•
1 min read
Adamas Trust Book Value Rises 4% Following Strategic Short Position Reduction
Key Facts
1Adamas Trust saw its adjusted book value increase by approximately 4% early in Q4 2026.
2The company reduced its $2.9B TBA short position by approximately 76%.
Adamas Trust saw its adjusted book value increase by approximately 4% early in Q4 2026. Seeking Alpha reported that the company reduced its $2.9 billion TBA short position by approximately 76%, marking a significant shift in its portfolio positioning.
ADAM closed at $7.78 on October 28, 2026, after reaching a day high of $7.93 and a low of $7.70. The growth in book value follows strategic adjustments to the company's exposure in mortgage-backed securities.