XOMA Co. (NASDAQ:XOMAP – Get Free Report) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 2,100 shares, a decline of 22.2% from the March 31st total of 2,700 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is currently 1.5 days.
XOMA Trading Down 0.1 %
Shares of NASDAQ:XOMAP opened at $24.97 on Friday. XOMA has a 1 year low of $21.40 and a 1 year high of $25.98. The stock has a 50-day simple moving average of $25.03 and a 200-day simple moving average of $24.25.
XOMA Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Wednesday, April 3rd were issued a $0.5391 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date was 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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