SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) Shares Shorted: Short Interest Down 97.5% in September

SWK Holdings Co. 9.00% Senior Notes due 2027 (NASDAQ:SWKHL) was the target of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 48 shares, a decline of 97.5% from the September 15th total of 1,940 shares. Based on an average daily trading volume, of 7,045 shares, the short-interest ratio is currently 0.0 days.

SWK Holdings Co. 9.00% Senior Notes due 2027 Stock Performance

Shares of SWKHL opened at $25.08 on Friday. The stock has a 50-day moving average of $25.29 and a 200-day moving average of $25.35. SWK Holdings Co. 9.00% Senior Notes due 2027 has a one year low of $24.34 and a one year high of $25.92.

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

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.5625 per share. This represents a $2.25 dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date was Tuesday, September 15th.

SWK Holdings Corporation is a specialty finance company focused on the healthcare and life sciences industries. The company provides capital to businesses developing and commercializing pharmaceuticals, biotechnology products, medical devices, diagnostics and other healthcare technologies.

Its financing activities may include structured debt, royalty monetization and other customized funding arrangements designed to provide non-dilutive or flexible capital to healthcare companies. SWK Holdings generally seeks opportunities where its financing can support product development, commercialization and business growth.

Founded in 2006 and headquartered in Dallas, Texas, SWK Holdings has invested in healthcare businesses and intellectual property across the United States and other markets.