XOMA Co. (NASDAQ:XOMAO) Short Interest Down 42.4% in March

XOMA Co. (NASDAQ:XOMAO) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 3,400 shares, a decline of 42.4% from the March 15th total of 5,900 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 1.3 days.

XOMA Stock Performance

Shares of XOMAO stock opened at $25.18 on Friday. The business has a fifty day simple moving average of $25.32 and a 200 day simple moving average of $25.41. XOMA has a twelve month low of $23.32 and a twelve month high of $25.87.

XOMA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Thursday, April 3rd were paid a $0.5234 dividend. The ex-dividend date of this dividend was Thursday, April 3rd. This represents a $2.09 annualized dividend and a dividend yield of 8.32%.

XOMA Company Profile

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.