NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Sees Significant Growth in Short Interest

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 500 shares, a growth of 150.0% from the June 15th total of 200 shares. Based on an average trading volume of 6,200 shares, the days-to-cover ratio is presently 0.1 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Performance

NEWTI traded up $0.01 during trading on Thursday, reaching $24.91. 4,240 shares of the company were exchanged, compared to its average volume of 5,730. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a 12-month low of $23.48 and a 12-month high of $25.80. The company’s 50-day moving average is $24.93 and its two-hundred day moving average is $25.01.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 15th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date of this dividend was Tuesday, May 14th.

About NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.