Short Interest in XOMA Co. (NASDAQ:XOMAP) Grows By 108.0%

XOMA Co. (NASDAQ:XOMAP) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 5,200 shares, an increase of 108.0% from the August 31st total of 2,500 shares. Based on an average daily trading volume, of 1,900 shares, the days-to-cover ratio is currently 2.7 days.

XOMA Stock Down 0.5 %

Shares of XOMA stock opened at $26.12 on Friday. The firm’s fifty day simple moving average is $25.46 and its 200-day simple moving average is $25.31. XOMA has a 12 month low of $21.40 and a 12 month high of $26.48.

XOMA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Thursday, October 3rd will be given a dividend of $0.5391 per share. The ex-dividend date is Thursday, October 3rd. This represents a $2.16 dividend on an annualized basis and a yield of 8.26%.

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.