Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Sees Significant Growth in Short Interest

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) saw a large increase in short interest in 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 days-to-cover ratio is currently 0.6 days.

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

NASDAQ:NEWTZ traded down $0.07 on Friday, reaching $24.74. The stock had a trading volume of 836 shares, compared to its average volume of 3,683. The stock has a fifty day moving average price of $24.75 and a 200-day moving average price of $24.68. 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.

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

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

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.