XOMA Co. (NASDAQ:XOMAO) Short Interest Down 46.1% in June

XOMA Co. (NASDAQ:XOMAO) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,159 shares, a drop of 46.1% from the May 31st total of 2,149 shares. Based on an average daily trading volume, of 3,451 shares, the days-to-cover ratio is presently 0.3 days.

XOMA Stock Performance

Shares of XOMAO stock opened at $25.45 on Tuesday. XOMA has a 12-month low of $24.86 and a 12-month high of $26.40. The firm has a 50 day moving average price of $25.35 and a two-hundred day moving average price of $25.42.

XOMA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Thursday, July 2nd will be paid a dividend of $0.5234 per share. The ex-dividend date is Thursday, July 2nd. This represents a $2.09 dividend on an annualized basis and a dividend yield of 8.2%.

About XOMA

XOMA Corporation is a clinical-stage biotechnology company specializing in the discovery and development of therapeutic antibodies. The company applies its proprietary protein engineering and antibody optimization platform to generate novel drug candidates targeting autoimmune, inflammatory and metabolic diseases. XOMA’s scientific expertise spans antibody discovery, engineering, in vitro and in vivo testing, and early‐stage clinical development.

In addition to advancing its own pipeline of antibody candidates, XOMA collaborates with pharmaceutical and biotechnology partners to provide research and development services.