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

XOMA Co. (NASDAQ:XOMAOGet Free Report) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 1,400 shares, a growth of 180.0% from the August 15th total of 500 shares. Based on an average daily volume of 3,400 shares, the short-interest ratio is presently 0.4 days.

XOMA Stock Performance

XOMA stock opened at $25.19 on Friday. XOMA has a 1 year low of $20.43 and a 1 year high of $25.85. The firm’s 50 day moving average price is $25.26 and its two-hundred day moving average price is $25.15.

XOMA Company Profile

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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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