XOMA Co. (NASDAQ:XOMAP) Short Interest Up 70.0% in June

XOMA Co. (NASDAQ:XOMAP) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,700 shares, a growth of 70.0% from the May 31st total of 1,000 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 1.2 days.

XOMA Price Performance

NASDAQ:XOMAP opened at $25.52 on Friday. XOMA has a 12 month low of $21.40 and a 12 month high of $25.98. The business’s 50-day moving average is $25.19 and its two-hundred day moving average is $25.10.

XOMA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Wednesday, July 3rd will be given a dividend of $0.5391 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.45%. The ex-dividend date is Wednesday, July 3rd.

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.