Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Short Interest Update

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 6,200 shares, a growth of 51.2% from the May 15th total of 4,100 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is currently 0.9 days.

Newtek Business Services Corp. 5.50% Notes Due 2026 Stock Up 0.0 %

Shares of NASDAQ NEWTZ traded up $0.01 during mid-day trading on Friday, reaching $24.20. 320 shares of the company’s stock traded hands, compared to its average volume of 7,536. The business has a 50-day simple moving average of $24.02 and a 200 day simple moving average of $23.99. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 1-year low of $23.10 and a 1-year high of $24.40.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th were issued a dividend of $0.3438 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date was Friday, April 12th.

About Newtek Business Services Corp. 5.50% Notes Due 2026

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.