SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Sees Significant Decrease in Short Interest

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 400 shares, a decrease of 42.9% from the December 15th total of 700 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.3 days.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Performance

SWKHL traded up $0.03 during trading on Tuesday, reaching $25.42. 492 shares of the company’s stock were exchanged, compared to its average volume of 932. SWK Holdings Co. 9.00% Senior Notes due 2027 has a 1 year low of $24.65 and a 1 year high of $25.88. The company’s fifty day simple moving average is $25.44 and its 200-day simple moving average is $25.40.

SWK Holdings Co. 9.00% Senior Notes due 2027 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th were issued a $0.5625 dividend. This represents a $2.25 annualized dividend and a yield of 8.85%. The ex-dividend date was Friday, December 13th.