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

Posted by Cynthia Vaughn on Mar 2nd, 2025

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ – Get Free Report) saw a significant decline in short interest in 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 days-to-cover ratio is presently 0.2 days.

Newtek Business Services Corp. 5.50% Notes Due 2026 Trading Up 0.7 %

Shares of NEWTZ stock traded up $0.17 during mid-day trading on Friday, reaching $24.97. 2,200 shares of the company’s stock traded hands, compared to its average volume of 4,177. 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. The firm has a 50 day moving average price of $24.77 and a two-hundred day moving average price of $24.65.

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. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.3438 per share. This represents a $1.38 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Wednesday, January 15th.

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

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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.