Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Short Interest Down 53.2% in November

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) was the target of a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,900 shares, a decrease of 53.2% from the October 31st total of 6,200 shares. Based on an average daily volume of 10,100 shares, the short-interest ratio is presently 0.3 days.

Newtek Business Services Corp. 5.50% Notes Due 2026 Stock Performance

NASDAQ NEWTZ remained flat at $24.80 during trading on Thursday. 117 shares of the company’s stock traded hands, compared to its average volume of 9,028. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 1-year low of $23.35 and a 1-year high of $26.02. The stock has a 50 day simple moving average of $24.62 and a two-hundred day simple moving average of $24.39.

Newtek Business Services Corp. 5.50% Notes Due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th were paid a $0.3438 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date was Tuesday, October 15th.

Newtek Business Services Corp. 5.50% Notes Due 2026 Company Profile

newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com.