Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ – Get Free Report) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 4,163 shares, an increase of 42.5% from the December 15th total of 2,922 shares. Based on an average daily volume of 4,274 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 4,274 shares, the short-interest ratio is presently 1.0 days.
Newtek Business Services Corp. 5.50% Notes Due 2026 Trading Down 0.1%
NASDAQ:NEWTZ opened at $24.92 on Monday. The company’s 50-day moving average is $25.07 and its two-hundred day moving average is $24.99. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 1-year low of $24.41 and a 1-year high of $25.26.
Newtek Business Services Corp. 5.50% Notes Due 2026 Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, February 1st. Investors of record on Thursday, January 15th will be issued a $0.3438 dividend. The ex-dividend date is Thursday, January 15th. This represents a $1.38 dividend on an annualized basis and a yield of 5.5%.
About Newtek Business Services Corp. 5.50% Notes Due 2026
Newtek Business Services Corp. is a diversified financial technology company and internally managed business development company (BDC) that offers a suite of integrated business services to small and mid-sized enterprises across the United States. Through its banking, lending, payment processing, payroll and human resources, and e-commerce solutions, Newtek seeks to streamline operations and improve efficiency for its clients. The company’s model combines traditional commercial lending with value-added services designed to support every stage of a business’s lifecycle, from startup through growth and maturity.
The 5.50% Notes due 2026, traded under the ticker NEWTZ on the NASDAQ, represent senior unsecured obligations of Newtek Business Services Corp.
See Also
- Five stocks we like better than Newtek Business Services Corp. 5.50% Notes Due 2026
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- A U.S. “birthright” claim worth trillions – activated quietly
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for Newtek Business Services Corp. 5.50% Notes Due 2026 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newtek Business Services Corp. 5.50% Notes Due 2026 and related companies with MarketBeat.com's FREE daily email newsletter.
