Navient Co. SR NT 6% 121543 (NASDAQ:JSM) Short Interest Up 135.0% in April

Navient Co. SR NT 6% 121543 (NASDAQ:JSMGet Rating) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 9,400 shares, an increase of 135.0% from the March 31st total of 4,000 shares. Based on an average trading volume of 17,600 shares, the days-to-cover ratio is presently 0.5 days.

NASDAQ JSM opened at $20.83 on Friday. Navient Co. SR NT 6% 121543 has a fifty-two week low of $19.69 and a fifty-two week high of $25.95.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, June 14th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 7.20%. The ex-dividend date is Monday, June 13th.

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