XOMA Co. (NASDAQ:XOMAO) Sees Significant Increase in Short Interest

XOMA Co. (NASDAQ:XOMAO) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 5,900 shares, an increase of 110.7% from the February 28th total of 2,800 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 3.7 days.

XOMA Stock Up 0.1 %

Shares of NASDAQ:XOMAO opened at $25.45 on Friday. The business’s 50 day moving average price is $25.38 and its 200-day moving average price is $25.44. XOMA has a 1 year low of $24.70 and a 1 year high of $25.87.

XOMA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Thursday, April 3rd will be paid a dividend of $0.5234 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $2.09 annualized dividend and a yield of 8.23%.

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.