XOMA Co. (NASDAQ:XOMAO – Get Free Report) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 2,400 shares, a growth of 41.2% from the March 15th total of 1,700 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 0.6 days.
XOMA Price Performance
Shares of NASDAQ:XOMAO opened at $25.00 on Friday. The business’s 50 day moving average is $24.95 and its 200-day moving average is $23.96. XOMA has a 1-year low of $20.43 and a 1-year high of $25.85.
XOMA Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Wednesday, April 3rd will be paid a $0.5234 dividend. This represents a $2.09 dividend on an annualized basis and a yield of 8.38%. The ex-dividend date is Tuesday, April 2nd.
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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