Short Interest in XOMA Co. (NASDAQ:XOMAO) Decreases By 34.2%

XOMA Co. (NASDAQ:XOMAO) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 2,500 shares, a decline of 34.2% from the December 15th total of 3,800 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is presently 0.8 days.

XOMA Price Performance

Shares of XOMAO stock opened at $25.08 on Tuesday. The company’s fifty day simple moving average is $25.46 and its two-hundred day simple moving average is $25.40. XOMA has a 1 year low of $23.99 and a 1 year high of $25.87.

XOMA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.5234 per share. This represents a $2.09 dividend on an annualized basis and a yield of 8.35%. The ex-dividend date of this dividend is Friday, January 3rd.

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.