XOMA Co. (NASDAQ:XOMAP) Short Interest Down 22.2% in April

XOMA Co. (NASDAQ:XOMAP) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,100 shares, a drop of 22.2% from the March 31st total of 2,700 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 1.5 days.

XOMA Stock Performance

XOMAP opened at $24.97 on Monday. The business has a 50 day moving average of $25.03 and a 200-day moving average of $24.26. XOMA has a 52 week low of $21.40 and a 52 week high of $25.98.

XOMA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Wednesday, April 3rd were paid a $0.5391 dividend. This represents a $2.16 dividend on an annualized basis and a dividend yield of 8.64%. The ex-dividend date of this dividend was Tuesday, April 2nd.

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.