XOMA Co. (NASDAQ:XOMAO – Get Free Report) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,900 shares, a decrease of 20.8% from the March 31st total of 2,400 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is presently 0.6 days.
XOMA Price Performance
XOMAO opened at $24.97 on Friday. XOMA has a 1-year low of $20.43 and a 1-year high of $25.85. The business has a 50 day moving average of $24.97 and a 200-day moving average of $24.04.
XOMA Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Wednesday, April 3rd were paid a $0.5234 dividend. The ex-dividend date was Tuesday, April 2nd. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.39%.
About XOMA
XOMA Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.
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