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

XOMA Co. (NASDAQ:XOMAP) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 600 shares, a decrease of 70.0% from the April 30th total of 2,000 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 0.4 days.

XOMA Trading Down 1.0%

Shares of XOMA stock opened at $25.60 on Friday. XOMA has a 1 year low of $24.96 and a 1 year high of $26.51. The company has a 50-day moving average of $25.73 and a 200 day moving average of $25.73.

About XOMA

XOMA Royalty 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.