XOMA Co. (NASDAQ:XOMAO) Short Interest Up 110.7% in March

XOMA Co. (NASDAQ:XOMAO) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 5,900 shares, an increase of 110.7% from the February 28th total of 2,800 shares. Based on an average trading volume of 1,600 shares, the short-interest ratio is presently 3.7 days.

XOMA Price Performance

XOMAO stock opened at $25.45 on Friday. XOMA has a 52-week low of $24.70 and a 52-week high of $25.87. The company’s 50-day simple moving average is $25.38 and its 200-day simple moving average is $25.44.

XOMA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Thursday, April 3rd will be given a dividend of $0.5234 per share. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a $2.09 dividend on an annualized basis and a yield of 8.23%.

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.