Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Short Interest Down 50.0% in February

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,300 shares, a decline of 50.0% from the January 31st total of 2,600 shares. Based on an average daily trading volume, of 5,800 shares, the short-interest ratio is presently 0.2 days.

Newtek Business Services Corp. 5.50% Notes Due 2026 Price Performance

NASDAQ NEWTZ traded up $0.17 during mid-day trading on Friday, reaching $24.97. The stock had a trading volume of 2,200 shares, compared to its average volume of 4,177. Newtek Business Services Corp. 5.50% Notes Due 2026 has a 1 year low of $23.51 and a 1 year high of $26.02. The company has a fifty day moving average price of $24.77 and a 200 day moving average price of $24.65.

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 paid a $0.3438 dividend. This represents a $1.38 annualized dividend and a dividend yield of 5.51%. The ex-dividend date was Wednesday, January 15th.

Newtek Business Services Corp. 5.50% Notes Due 2026 Company Profile

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.