Short Interest in XOMA Co. (NASDAQ:XOMAO) Declines By 40.0%

XOMA Co. (NASDAQ:XOMAO) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 2,700 shares, a drop of 40.0% from the September 30th total of 4,500 shares. Based on an average daily volume of 4,900 shares, the short-interest ratio is currently 0.6 days.

XOMA Stock Performance

XOMA stock traded down $0.01 during midday trading on Friday, hitting $25.62. 2,027 shares of the stock were exchanged, compared to its average volume of 3,754. XOMA has a 1 year low of $20.43 and a 1 year high of $25.87. The company has a 50 day moving average price of $25.42 and a two-hundred day moving average price of $25.26.

About XOMA

XOMA 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.