XOMA Co. (NASDAQ:XOMAO – Get Rating) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,400 shares, a drop of 58.8% from the January 31st total of 3,400 shares. Based on an average daily volume of 4,500 shares, the short-interest ratio is presently 0.3 days.
XOMA Stock Down 1.1 %
XOMAO stock opened at $24.61 on Wednesday. The firm's 50 day moving average price is $24.62 and its 200-day moving average price is $24.14. XOMA has a one year low of $21.75 and a one year high of $26.81.
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XOMA Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 17th. Shareholders of record on Wednesday, January 4th were paid a $0.5234 dividend. The ex-dividend date was Tuesday, January 3rd. This represents a $2.09 annualized dividend and a dividend yield of 8.51%.
Insiders Place Their Bets
In other news, Director Bvf Partners L. P/Il acquired 19,000 shares of the stock in a transaction that occurred on Thursday, January 5th. The shares were bought at an average cost of $18.39 per share, for a total transaction of $349,410.00. Following the acquisition, the director now owns 1,788,168 shares in the company, valued at approximately $32,884,409.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
About XOMA
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XOMA Corporation operates as a biotechnology royalty aggregator in Europe, the United States, and the Asia Pacific. The company engages in helping biotech companies for enhancing human health. It acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies.
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