XOMA Co. (NASDAQ:XOMAP) Short Interest Down 37.7% in October

XOMA Co. (NASDAQ:XOMAP) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 3,300 shares, a drop of 37.7% from the September 30th total of 5,300 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 3.0 days. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is currently 3.0 days.

XOMA Trading Down 2.0%

NASDAQ:XOMAP opened at $26.04 on Monday. The stock has a 50-day simple moving average of $26.39 and a 200 day simple moving average of $25.96. XOMA has a 52-week low of $24.96 and a 52-week high of $30.00.

XOMA Company Profile

XOMA Royalty Corporation operates as a biotech royalty aggregator in the United States and the Asia Pacific. It has a portfolio of economic rights to future potential milestone and royalty payments associated with partnered commercial and pre-commercial therapeutic candidates. The company also focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners; and acquires milestone and royalty revenue streams on late-stage clinical or commercial assets.