Short Interest in XOMA Co. (NASDAQ:XOMAO) Drops By 20.8%

XOMA Co. (NASDAQ:XOMAO) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 1,900 shares, a decrease of 20.8% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.6 days.

XOMA Stock Performance

Shares of XOMA stock opened at $24.97 on Friday. The company has a fifty day simple moving average of $24.97 and a 200-day simple moving average of $24.04. XOMA has a 12-month low of $20.43 and a 12-month high of $25.85.

XOMA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Wednesday, April 3rd were issued a $0.5234 dividend. This represents a $2.09 annualized dividend and a dividend yield of 8.39%. The ex-dividend date of this dividend was Tuesday, April 2nd.

XOMA Company Profile

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.