XOMA Co. (NASDAQ:XOMAP) Short Interest Update

XOMA Co. (NASDAQ:XOMAP) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 3,300 shares, a drop of 37.7% from the September 30th total of 5,300 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 3.0 days.

XOMA Stock Performance

XOMAP stock opened at $26.04 on Friday. The firm has a 50 day moving average of $26.39 and a 200-day moving average of $25.96. XOMA has a 12 month low of $24.96 and a 12 month high of $30.00.

About XOMA

XOMA Royalty 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.