NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) Sees Significant Decline in Short Interest

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTIGet Free Report) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 392 shares, a decline of 65.6% from the December 31st total of 1,140 shares. Based on an average trading volume of 1,004 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 1,004 shares, the short-interest ratio is currently 0.4 days.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Stock Down 0.3%

Shares of NEWTI stock traded down $0.07 on Wednesday, reaching $25.35. The company had a trading volume of 2,133 shares, compared to its average volume of 1,088. The business’s 50-day moving average is $25.19 and its 200 day moving average is $25.14. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a one year low of $23.90 and a one year high of $25.82.

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Saturday, November 15th were given a $0.50 dividend. The ex-dividend date was Friday, November 14th. This represents a $2.00 dividend on an annualized basis and a yield of 7.9%.

About NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028

(Get Free Report)

The NewtekOne, Inc 8.00% Fixed Rate Senior Notes due 2028 are senior unsecured debt obligations issued by NewtekOne, Inc (NASDAQ:NEWTI). The notes bear a fixed annual interest rate of 8.00%, payable semi-annually, and mature in 2028. As senior unsecured obligations, they rank pari passu with all other existing and future senior unsecured indebtedness of NewtekOne, Inc and rank ahead of any subordinated debt in the company’s capital structure.

NewtekOne, Inc is the holding company for Newtek, a publicly traded business development company that provides a diversified suite of financial and business services to small and medium-sized enterprises across the United States.

Recommended Stories

Receive News & Ratings for NewtekOne Inc. 8.00% Fixed Rate Senior Notes due 2028 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewtekOne Inc. 8.00% Fixed Rate Senior Notes due 2028 and related companies with MarketBeat.com's FREE daily email newsletter.