XOMA Co. (NASDAQ:XOMAO) Sees Significant Growth in Short Interest

XOMA Co. (NASDAQ:XOMAOGet Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 3,800 shares, an increase of 26.7% from the November 30th total of 3,000 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is currently 0.8 days.

XOMA Stock Down 0.1 %

Shares of XOMAO opened at $25.68 on Friday. The firm’s 50 day simple moving average is $25.51 and its 200 day simple moving average is $25.39. XOMA has a 1-year low of $23.50 and a 1-year high of $25.87.

XOMA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, January 3rd will be given a $0.5234 dividend. The ex-dividend date is Friday, January 3rd. This represents a $2.09 dividend on an annualized basis and a yield of 8.15%.

About XOMA

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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.

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