Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Short Interest Up 53.8% in February

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 2,000 shares, an increase of 53.8% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is currently 0.6 days.

Newtek Business Services Corp. 5.50% Notes Due 2026 Trading Down 0.3 %

NASDAQ NEWTZ traded down $0.08 during trading hours on Monday, reaching $24.72. 836 shares of the company traded hands, compared to its average volume of 3,683. The company has a 50 day moving average of $24.75 and a two-hundred day moving average of $24.68. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 12 month low of $23.51 and a 12 month high of $26.02.

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

The firm also recently declared a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Wednesday, January 15th were issued a $0.3438 dividend. This represents a $1.38 annualized dividend and a dividend yield of 5.56%. The ex-dividend date was Wednesday, January 15th.

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.