Short Interest in NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Rises By 40.7%

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,348 shares, a growth of 40.7% from the January 29th total of 1,669 shares. Based on an average daily trading volume, of 1,735 shares, the short-interest ratio is presently 1.4 days. Based on an average daily trading volume, of 1,735 shares, the short-interest ratio is presently 1.4 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Down 1.7%

Shares of NEWTI opened at $24.92 on Monday. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 52-week low of $23.90 and a 52-week high of $25.82. The stock has a fifty day simple moving average of $25.30 and a two-hundred day simple moving average of $25.16.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 27th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $2.00 dividend on an annualized basis and a yield of 8.0%.

About NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028

The NewtekOne, Inc 8.00% Fixed Rate Senior Notes due 2028 are senior unsecured debt obligations issued by NewtekOne, Inc (NASDAQ:NEWTI). The notes bear a fixed annual interest rate of 8.00%, payable semi-annually, and mature in 2028. As senior unsecured obligations, they rank pari passu with all other existing and future senior unsecured indebtedness of NewtekOne, Inc and rank ahead of any subordinated debt in the company’s capital structure.

NewtekOne, Inc is the holding company for Newtek, a publicly traded business development company that provides a diversified suite of financial and business services to small and medium-sized enterprises across the United States.