SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Sees Large 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 February. As of February 15th, there was short interest totalling 200 shares, a decrease of 71.4% from the January 31st total of 700 shares. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 0.0 days.

SWK Holdings Co. 9.00% Senior Notes due 2027 Trading Up 0.0 %

Shares of NASDAQ:SWKHL traded up $0.01 during midday trading on Friday, reaching $25.09. 6,858 shares of the company’s stock traded hands, compared to its average volume of 4,404. SWK Holdings Co. 9.00% Senior Notes due 2027 has a one year low of $24.65 and a one year high of $25.88. The stock has a 50 day moving average of $25.37 and a 200 day moving average of $25.45.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Sunday, December 15th were given a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a yield of 8.97%. The ex-dividend date of this dividend was Friday, December 13th.