SWK Holdings Co. (NASDAQ:SWKH – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 47,200 shares, a decline of 18.6% from the September 15th total of 58,000 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is presently 3.9 days. Approximately 0.4% of the shares of the company are short sold.
SWK Stock Performance
Shares of NASDAQ:SWKH traded down $0.08 during midday trading on Tuesday, reaching $16.98. 6,210 shares of the company traded hands, compared to its average volume of 11,038. The company has a quick ratio of 2.68, a current ratio of 2.68 and a debt-to-equity ratio of 0.11. SWK has a 12 month low of $15.65 and a 12 month high of $18.75. The firm has a market capitalization of $211.79 million, a price-to-earnings ratio of 17.59 and a beta of 0.36. The firm’s fifty day moving average price is $17.08 and its two-hundred day moving average price is $17.13.
SWK (NASDAQ:SWKH – Get Free Report) last released its quarterly earnings data on Thursday, August 15th. The company reported $0.46 earnings per share (EPS) for the quarter. SWK had a return on equity of 5.33% and a net margin of 29.82%. The company had revenue of $11.54 million for the quarter.
Hedge Funds Weigh In On SWK
About SWK
SWK Holdings Corporation, offers specialty finance and asset management services in the United States. It operates in two segments, Finance Receivables and Pharmaceutical Development. The Finance Receivables segment provides customized financing solutions to a range of life science companies, including companies in the biotechnology, medical device, medical diagnostics and related tools, animal health, and pharmaceutical industries, as well as institutions and inventors.
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