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

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 800 shares, a decrease of 42.9% from the November 15th total of 1,400 shares. Based on an average trading volume of 1,300 shares, the days-to-cover ratio is presently 0.6 days.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Up 1.0 %

NASDAQ SWKHL traded up $0.25 during mid-day trading on Friday, hitting $25.29. The stock had a trading volume of 7,426 shares, compared to its average volume of 2,997. The firm’s 50 day moving average is $25.54 and its 200 day moving average is $25.38. SWK Holdings Co. 9.00% Senior Notes due 2027 has a twelve month low of $24.65 and a twelve month high of $25.88.

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

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Sunday, December 15th will be given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date is Friday, December 13th.