XOMA Co. (NASDAQ:XOMAP) Short Interest Update

XOMA Co. (NASDAQ:XOMAP) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 400 shares, a drop of 76.5% from the June 15th total of 1,700 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is presently 0.3 days.

XOMA Stock Up 2.0 %

XOMA stock opened at $25.90 on Friday. The firm’s 50-day moving average is $25.39 and its two-hundred day moving average is $25.18. XOMA has a 12-month low of $21.40 and a 12-month high of $26.48.

XOMA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Wednesday, July 3rd will be paid a $0.5391 dividend. The ex-dividend date of this dividend is Wednesday, July 3rd. This represents a $2.16 annualized dividend and a yield of 8.33%.

About XOMA

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.