SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Sees Significant Drop in Short Interest

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHLGet Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 700 shares, a decrease of 36.4% from the January 15th total of 1,100 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is presently 0.6 days.

SWK Holdings Co. 9.00% Senior Notes due 2027 Price Performance

Shares of NASDAQ SWKHL opened at $25.60 on Thursday. The stock has a fifty day simple moving average of $25.45 and a two-hundred day simple moving average of $25.46. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1-year low of $24.65 and a 1-year high of $25.88.

SWK Holdings Co. 9.00% Senior Notes due 2027 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Sunday, December 15th were paid a dividend of $0.5625 per share. The ex-dividend date was Friday, December 13th. This represents a $2.25 annualized dividend and a dividend yield of 8.79%.

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