XOMA Co. (NASDAQ:XOMAP) Sees Large Decline in Short Interest

XOMA Co. (NASDAQ:XOMAPGet Free Report) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 276 shares, a decline of 50.4% from the June 15th total of 556 shares. Based on an average daily volume of 3,957 shares, the days-to-cover ratio is currently 0.1 days.

XOMA Stock Performance

NASDAQ XOMAP opened at $24.98 on Friday. XOMA has a twelve month low of $24.93 and a twelve month high of $30.00. The stock has a fifty day simple moving average of $25.32 and a 200 day simple moving average of $25.86.

XOMA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Thursday, July 2nd were issued a dividend of $0.5391 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $2.16 annualized dividend and a yield of 8.6%.

About XOMA

(Get Free Report)

XOMA Corporation (NASDAQ: XOMAP) is a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutic antibodies for autoimmune and inflammatory diseases. The company leverages proprietary antibody-generation technologies—including ribosome display and phage display—to identify and optimize human monoclonal antibodies with high specificity and favorable pharmacological profiles.

Its lead clinical program is an interleukin-1 beta modulator being evaluated in patients with rare and severe inflammatory conditions.

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