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

NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 (NASDAQ:NEWTI) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 500 shares, an increase of 25.0% from the October 31st total of 400 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 0.2 days.

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

Shares of NEWTI traded down $0.13 during trading on Monday, reaching $25.20. 600 shares of the company traded hands, compared to its average volume of 4,663. NewtekOne, Inc. 8.00% Fixed Rate Senior Notes due 2028 has a twelve month low of $24.71 and a twelve month high of $26.57. The stock has a 50-day simple moving average of $25.34 and a 200-day simple moving average of $25.14.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Friday, November 15th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date is Friday, November 15th.

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

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.