NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Sees Significant Drop in Short Interest

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 200 shares, a decline of 60.0% from the May 31st total of 500 shares. Based on an average daily volume of 6,500 shares, the days-to-cover ratio is presently 0.0 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Up 0.1 %

Shares of NEWTI stock opened at $24.90 on Friday. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 52-week low of $23.48 and a 52-week high of $25.80. The company has a 50-day simple moving average of $24.96 and a two-hundred day simple moving average of $25.02.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 3rd. Shareholders of record on Wednesday, May 15th were paid a $0.50 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $2.00 dividend on an annualized basis and a yield of 8.03%.

About NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.