Navient Co. SR NT 6% 121543 (NASDAQ:JSM – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,154 shares, a decline of 51.7% from the April 15th total of 4,460 shares. Based on an average daily trading volume, of 11,415 shares, the short-interest ratio is presently 0.2 days.
Navient Co. SR NT 6% 121543 Trading Up 0.1%
NASDAQ:JSM opened at $18.80 on Friday. The stock has a 50 day moving average of $18.50 and a two-hundred day moving average of $19.20. Navient Co. SR NT 6% 121543 has a 12 month low of $17.76 and a 12 month high of $20.65.
Navient Co. SR NT 6% 121543 Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 12th will be given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Friday, June 12th.
About Navient Co. SR NT 6% 121543
Navient Co SR NT 6% 121543 (NASDAQ:JSM) is a series of senior unsecured notes issued by Navient Corporation. The notes carry a fixed annual interest rate of 6.00% and mature on December 15, 2043. As unsecured obligations, they rank pari passu with all of Navient’s other unsubordinated debt and are structurally subordinated to any secured borrowings.
Interest on these notes is payable semi-annually on June 15 and December 15 of each year. Beginning December 15, 2023, Navient has the option to redeem the notes, in whole or in part, at a specified redemption price plus accrued interest, subject to the terms set forth in the governing indenture under which the notes were issued and trade under the ticker symbol JSM.
Navient Corporation, the issuer behind this debt issue, provides asset management and business processing solutions to education loan portfolios in the United States.
Further Reading
- Five stocks we like better than Navient Co. SR NT 6% 121543
- Aeluma’s Post-Earnings Dip Creates a Buying Opportunity
- Be Ready: 3 Upcoming Catalysts Could Drive Oracle to Record Highs
- 2 Ways to Play the Big Pharma Patent Cliff
- YETI Rallies After Earnings Beat and Raised Outlook
Receive News & Ratings for Navient Co. SR NT 6% 121543 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Navient Co. SR NT 6% 121543 and related companies with MarketBeat.com's FREE daily email newsletter.
