Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) Short Interest Up 53.8% in February

Newtek Business Services Corp. 5.50% Notes Due 2026 (NASDAQ:NEWTZ) was the target of a large increase in short interest in the month of 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 trading volume of 3,300 shares, the short-interest ratio is presently 0.6 days.

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

Shares of NEWTZ stock traded down $0.07 during trading hours on Friday, hitting $24.74. The company had a trading volume of 836 shares, compared to its average volume of 3,683. Newtek Business Services Corp. 5.50% Notes Due 2026 has a fifty-two week low of $23.51 and a fifty-two week high of $26.02. The company’s fifty day moving average is $24.75 and its 200 day moving average is $24.68.

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

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

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.